Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610970
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹25,22,000
EMD:₹2,52,200
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a SARFAESI auction for a valuable Land and Building asset located in the prime area of Chittaranjan Avenue, Kolkata, West Bengal. The property is categorized as Residential and is being auctioned by Cholamandalam Investment And Finance Company Limited. Formerly owned by M/s. Olisa Reality Private Limited, this is a significant opportunity to acquire a property in a highly sought-after location.
State:West Bengal
City:Kolkata
Area:Chittaranjan Avenue
Asset Category:Residential
Full Address:Premises No. 4, Government Place (North), Chittaranjan Avenue, Kolkata
Size:2537 Sq.ft
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential Land and Building property situated in Chittaranjan Avenue, Kolkata. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this auction is ₹2,522,000, with an Earnest Money Deposit (EMD) of ₹252,200. Don't miss this chance to bid on a property in a prominent Kolkata locale.
Borrower Name:M/s. Olisa Reality Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:M/s. Delta International Ltd., Kanupriya Jhunjhunwala, Suneel Jhunjunwala, Rahul Prasad
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a commercial space in a central Kolkata location. While the reserve price seems reasonable, potential bidders should carefully assess the encumbrances and DRT case mentioned. It warrants a calculated approach, considering both location advantages and potential legal complexities.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankauctions.in
Contact Details:
Prakash Verma
Contact no:9981343191
