Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612083
Bank Name:Axis Bank
Branch Name:Kolkata
Reserve Price:₹5,37,79,950
EMD:₹53,77,995
Bid Increment:₹20,000
Auction Time:11.00 A.M to 12.00 noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-06
Bid Start Date:2025-12-08
Property Description
This is a prime land parcel located in Jagatballavpur, Howrah, West Bengal. The property is being auctioned by Axis Bank under the SARFAESI Act. It is categorized as residential land, offering significant potential for development. Situated in a well-connected area of Howrah, this land presents a unique investment opportunity.
State:West Bengal
City:Howrah
Area:Jagatballavpur
Asset Category:Residential
Full Address:Mouza Narendrapur, JL no 29, LR Khatian no 2917(old khatian no 2272), RS and LR Dag no 322, under PS Jagatballavpur, within the limits of Shankarhati-II Gram Panchayat, Jagatballavpur, Howrah
Size:33 decimals
Auction Description
Axis Bank presents a SARFAESI auction for a valuable land property in Jagatballavpur, Howrah, West Bengal. The auction will be held online on 08-12-2025, from 11:00 AM to 12:00 PM. The reserve price for this residential land is ₹5,37,79,950, with an Earnest Money Deposit (EMD) of ₹53,77,995. This is a direct opportunity to acquire land in a developing region, previously owned by M/s Ankit Associates.
Borrower Name:M/s Ankit Associates
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Dilip Agarwal, Mr Ankit Agarwal, M/s Chottmall Murarilall Plast Private Limited, Mrs Chetna Agarwal, M/s Chothmall Murarilall & Co, M/s Dilip Kumar Agarwal (huf)
Legal Details
Possession Status:Physical
Encumbrance Details:Not known to the secured creditor
Why This Property
The property is a land parcel in a developing area, presenting a moderate investment opportunity. The reserve price seems reasonable; however, potential investors should conduct thorough due diligence. Given the location and type, it's a 'Calculated Opportunity' requiring careful consideration.
Contact Details
Branch:Branch Office : Kolkata
Service Provider:bankeauctions.com / C1 India
Contact Details:
Ansuman Sengupta / Rohan Ghosh
Contact no:9874200014/9830538409
