Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614704
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹33,09,000
EMD:₹3,31,000
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
A parcel of land located in Gopalpur, Asansol, West Bengal, offered for auction by Punjab National Bank. This property is categorized as residential land and is part of a SARFAESI auction. It presents an opportunity for development or investment in the Asansol region.
State:West Bengal
City:Asansol
Area:Gopalpur,.
Asset Category:Residential
Full Address:Plot No 450, Mouza Gopalpur under Asansol Municipal Crop. Ward No 2, JL no 10 Kh No 777, Plot No 450, Gopalpur, Asansol
Size:1 cottah 13 Chatak
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Gopalpur, Asansol, West Bengal. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price is set at 33,09,000.00, with an Earnest Money Deposit (EMD) of 3,31,000.00 required to participate. This auction is related to the borrower M/s Bright Enterprise.
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 a land parcel in Asansol, offered at a reasonable reserve price via bank auction. Location details provided are limited, requiring further investigation. It represents a calculated risk with potential upside based on local market conditions and development possibilities.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Ashok Kumar
Contact no:9102405790
