Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614706
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹12,93,000
EMD:₹1,29,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a prime land parcel located in Gopalpur, Asansol, West Bengal. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is categorized as residential land, offering excellent potential for development. The location in Asansol provides good connectivity and access to local amenities.
State:West Bengal
City:Asansol
Area:Gopalpur,.
Asset Category:Residential
Full Address:Mouza Gopalpur, under Asansol Municipal Corp. Ward No 2J L no 10, RS Kh No 464, RS Plot No 441, Gopalpur, Asansol
Size:5 Kathas 2 chittak
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land property in Gopalpur, Asansol, West Bengal. The auction starts on November 26, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price for this asset is INR 12,93,000, with an Earnest Money Deposit (EMD) of INR 1,29,000. This is a significant opportunity to acquire valuable land in a developing area.
Borrower Name:M/s Bright Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Nausad Ali, Rehana Ali, Mumtaz Ali
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known to Bank at present.
Why This Property
The property is land in a developing area, offering moderate investment potential. The reserve price is relatively accessible, but potential investors should carefully evaluate local market conditions. Given the symbolic possession status, thorough due diligence is crucial before bidding.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Ashok Kumar
Contact no:9102405790
