Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609726
Bank Name:Liquidation E-Auction
Branch Name:Kolkata
Reserve Price:₹1,20,00,000
EMD:₹12,00,000
Bid Increment:₹5,00,000
Auction Time:11:30 am to 01:30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:23/11/2025
Bid Start Date:25/11/2025
Property Description
This is a liquidation e-auction for a property located in Gopalganj, Bihar, previously owned by SASA MUSA SUGAR WORKS PRIVATE LIMITED. The asset category is listed as 'Others'. The property is being auctioned under the SARFAESI Act. The reserve price for this auction is ₹1,20,00,000 and the Earnest Money Deposit (EMD) is ₹12,00,000. This is an excellent opportunity to acquire property in the Gopalganj area.
State:Bihar
City:Gopalganj
Area:Gopalganj
Asset Category:Others
Full Address:Sasa Musa, P.S. Kuchaikote, Dist. Gopalganj, Gopalganj, Gopalganj
Auction Description
An online SARFAESI auction will be conducted by Liquidation E-Auction for a property in Gopalganj, Bihar. The auction begins on November 25, 2025, at 11:30 AM and concludes on the same day at 01:30 PM. Interested bidders must submit an EMD of ₹12,00,000. The reserve price is set at ₹1,20,00,000. All details regarding the bidding process and property specifics are available on the auction platform.
Borrower Name:SASA MUSA SUGAR WORKS PRIVATE LIMITED
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Assets are sold free from all encumbrances as per Regulation 32(C) of the IBBI (Liquidation Process) Regulations, 2016 (as amended up to 14 October 2025)
Why This Property
The property, located in Bihar, presents a calculated opportunity given the specific nature of the asset (Molasses stock) and the terms of the liquidation auction. The auction details requires careful assessment.
Contact Details
Branch:Branch Office : Kolkata
Service Provider:BAANKNET
Contact Details:
Manish Jain
Contact no:09830248684/8582806221
