Property for Auction in Durgachak, Purba Medinipur, West Bengal
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614446
Bank Name:Bank of Baroda
Branch Name:REGIONAL OFFICE: BURDWAN REGION
Reserve Price:₹43,78,050
EMD:₹4,37,805
Bid Increment:₹10,000
Auction Time:2:00 PM to 6:00 PM
Service Provider:BAANKNET
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
This is a valuable plot of land located in Durgachak, Purba Medinipur, West Bengal. Situated in a developing area, this residential land offers a great opportunity for investment or future construction. The property is being auctioned by Bank of Baroda under SARFAESI Act. Purba Medinipur is a district known for its growing infrastructure and potential. This land is ideal for those looking to acquire property in a promising region of West Bengal.
State:West Bengal
City:Purba Medinipur
Area:Durgachak
Asset Category:Residential
Full Address:Rehabilitation Colony, C 28 Vill Durga Chak Colony, Block C Haldia East Midnapore 721602, Durgachak, Purba Medinipur
Building/Society:Rehabilitation Colony
Size:3 Decimal
Bank of Baroda is conducting a SARFAESI auction for a plot of land in Durgachak, Purba Medinipur, West Bengal. The auction is scheduled for November 24, 2025, commencing at 02:00 PM and concluding at 06:00 PM. The reserve price for this residential land is INR 43,78,050, with an Earnest Money Deposit (EMD) of INR 4,37,805 required to participate. This is a prime opportunity to bid on a significant land parcel in a developing area, offered by Bank of Baroda.
Borrower Name:Panchanan Mistry
Auction Type:SARFAESI Auction
Guarantor Names:Mithu Mistry, Menaka Mistry, Gouribala Dolai
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property offers a decent investment opportunity given its land size and residential structure. The location in Durgachak is acceptable, but the symbolic possession and lack of specific encumbrance details require careful consideration. The reserve price appears reasonable, but thorough due diligence is advised.
Branch:Branch Office : REGIONAL OFFICE: BURDWAN REGION
Service Provider:BAANKNET
Contact Details:
Mr. Malay Jha
Contact no:7765895248