Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:612808
Bank Name:Punjab National Bank
Branch Name:Circle Sastra : Hooghly
Reserve Price:₹16,71,000
EMD:₹1,67,100
Bid Increment:₹100
Auction Time:11:00 A.M. to 04:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 04:00 PM
Bid Start Date:2023-11-20
Property Description
This auction features a parcel of land located in Balagarh, Hooghly, West Bengal. Ideal for residential development, this asset is being auctioned by Punjab National Bank under the SARFAESI Act. The property is situated in a developing area with potential for growth.
State:West Bengal
City:Hooghly
Area:Balagarh
Asset Category:Residential
Full Address:Mouza -Dakshin Gopalpur, J.L. No. 128, R.S. Khatian No. 1300, L.R. Khatian No. 2413, after mutation R.S. and L.R. Dag No. 3503, P.O. - Gopalpur, P.S. Balagarh within Dumurdaha Nityanandapur 2 No. Gram Panchayat, District Hooghly, Pin-712 513, Dakshin Gopalpur, Hooghly
Size:0.08 Acre
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land parcel in Balagarh, Hooghly. The auction opens on November 20, 2025, at 11:00 AM and closes at 4:00 PM on the same day. The reserve price is set at ₹16,71,000, with an Earnest Money Deposit (EMD) of ₹1,67,100 required to participate. This is an excellent opportunity to acquire land in West Bengal.
Borrower Name:Mr. Tapan Mondal
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land is situated in Balagarh, Hooghly, and is being auctioned by Punjab National Bank. While the reserve price seems reasonable, further due diligence is required to understand the development potential and local market conditions. This represents a calculated opportunity for investors familiar with the area.
Contact Details
Branch:Branch Office : Circle Sastra : Hooghly
Service Provider:BAANKNET
Contact Details:
Mr. Sarkar Lal Mondal
Contact no:8777724496
