Plot for auction 1157 Mua Kasturia 11, Harishchandrapur, Malda by Indian Bank

This offering presents a significant land parcel situated in Harishchandrapur, Malda, West Bengal. The property, measuring approximately 27 Decimal, is part of an equitable mortgage and is associated with a former Rice Mill. It is strategically located in an area with developing infrastructure and potential for future growth. The land is registered under Khata Nos. 1270, 1271 & 1272 and Plot No. 694/1157, formally belonging to Kiran Devi Agarwala, Sangeeta Agarwals, and Shital Modi. The surrounding boundaries are detailed in the deed number 1-7851 dated December 6, 2012. This plot represents a valuable opportunity for investors and developers looking to capitalize on land in a growing region. Its classification as an 'Asset Category: Residential' suggests potential for various development types, subject to local regulations. Buyers are advised to conduct thorough due diligence regarding zoning, permitted uses, and any potential encumbrances beyond the bank's mortgage.

This property is being auctioned by Indian Bank through a SARFAESI auction process. The auction is scheduled to take place on July 31, 2025, with bidding open from 11:00 AM to 5:00 PM. Prospective buyers must submit their applications by July 30, 2025, at 5:00 PM. The reserve price for this opportunity is ₹59,60,000, with an Earnest Money Deposit (EMD) of ₹5,96,000 required to participate. This process is designed for transparency and efficiency, allowing potential buyers to acquire property directly from the bank. Interested parties are encouraged to review all documentation and understand the terms and conditions associated with bank auctions. For any queries regarding the auction process or the property, you can reach out to Sri Munna Rajak at 7755822249 or Sri Pankaj Kamar at 8527717799. The service provider for this auction is ebkray.