Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:614458
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE KOLKATA CENTRAL
Reserve Price:₹4,15,000
EMD:₹41,500
Auction Time:11:00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a valuable piece of land located in the prime area of Garfa, Kolkata, West Bengal. The property is offered by Indian Bank through a SARFAESI auction. This is an excellent opportunity for developers or individuals looking to invest in real estate in a growing urban locality. The land is situated in a well-connected part of the city, ensuring accessibility and potential for future appreciation.
State:West Bengal
City:Kolkata
Area:Garfa
Asset Category:Residential
Full Address:Block B of partly three and partly G+3 storied building, 44/2/27, Jheel Road, P.S. - previously Kasba present Garfa, Garfa, Kolkata
Building/Society:Block B of partly three and partly G+3 storied building
Size:130 sq ft
Auction Description
Indian Bank is conducting a SARFAESI auction for a land parcel in Garfa, Kolkata. The reserve price for this auction is INR 415,000, with an Earnest Money Deposit (EMD) of INR 41,500. The auction will take place on December 10, 2025, starting at 11:00 AM and concluding at 4:00 PM. This is a secure process managed by the bank, offering a transparent platform for acquiring the property. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:M/S Krishna Construction
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Papiya Ghosh, Mrs. Piyali Ghosh
Legal Details
Possession Status:Symbolic
Encumbrance Details:NOT KNOWN
Why This Property
The property, a car parking space in Garfa, Kolkata, presents a calculated opportunity due to its relatively low reserve price. However, the limited size and specific use case as parking space temper its overall investment appeal. Auction terms appear standard.
Contact Details
Branch:Branch Office : ZONAL OFFICE KOLKATA CENTRAL
Service Provider:BAANKNET
Contact Details:
Mr. Ravi Agarwal
Contact no:8969600150
