Land for auction Noapara Maheshtala 66 lakh Canara Bank

This is a prime plot of land located in Mahestala, South 24 Parganas, West Bengal. The property is being auctioned by Canara Bank under the SARFAESI Act. It is classified as residential land, offering a significant opportunity for development or investment in a growing area. The land is situated in a well-connected part of South 24 Parganas, making it an attractive proposition for potential buyers seeking property in this region. The auction is being conducted with a reserve price of INR 66,00,000.00 and an Earnest Money Deposit (EMD) of INR 6,60,000.00. The borrower associated with this asset is M/s. 3A Garments.

Canara Bank is holding a SARFAESI auction for a valuable parcel of land in Mahestala, South 24 Parganas, West Bengal. This is a public auction with a reserve price set at INR 66,00,000.00. Prospective bidders are required to submit an Earnest Money Deposit (EMD) of INR 6,60,000.00. The auction will commence on November 25, 2025, at 11:30 AM and will conclude at 01:30 PM on the same day. This is a unique opportunity to acquire a residential land asset in a developing locality. Interested parties are encouraged to review all auction terms and conditions before participating.

The property is a decent opportunity due to its location in Mahestala and the presence of a commercial building. However, the symbolic possession might present challenges. The reserve price seems reasonable, making it a calculated risk for potential investors.