Land for auction Durgachak Purba Medinipur 44 lakh Bank of Baroda

Property for Auction in Durgachak, Purba Medinipur, West Bengal

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
3 Decimal
Reserve Price
43,78,050
Reserve Price
43,78,050
EMD Required
4,37,805
Property Specifications
Society/BuildingRehabilitation Colony
Size3 Decimal
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Durgachak, Purba Medinipur
Auction Date IconAuction Date:
24-11-2025 02:00 PM

Auction Details

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

Important Dates

Submission Date:22-11-2025 05:00 PM

Bid Start Date:2025-11-24

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : REGIONAL OFFICE: BURDWAN REGION

Service Provider:BAANKNET

Contact Details:

Mr. Malay Jha

Contact no:7765895248

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