Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612110
Bank Name:Indian Bank
Branch Name:ASANSOL MAIN BRANCH
Reserve Price:₹50,00,000
EMD:₹5,00,000
Bid Increment:₹50,000
Auction Time:10:00 A.M. to 07:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This auction features a prime residential plot located in Asansol, West Bengal. Situated in the Asansol area, this property offers a great opportunity for development or investment. Asansol is a well-connected city with developing infrastructure, making it an attractive location. The plot is ideal for building a home or for commercial purposes, subject to local regulations. Don't miss this chance to acquire a valuable piece of real estate in a growing region.
State:West Bengal
City:Asansol
Area:Asansol
Asset Category:Residential
Full Address:RAJLAXMI APARTMENT, A.M.C. Holding No. 27(27), 1 No, Mohishila Colony, under Ward No. 20 (Old), 86 (New) of Asansol Municipal Corporation, Mohishila Colony, Asansol
Building/Society:RAJLAXMI APARTMENT
Size:7 Cottahs
Auction Description
Indian Bank presents a SARFAESI auction for a residential plot in Asansol, West Bengal. The property, formerly associated with M/s. United Motor Stores, has a reserve price of ₹5,000,000 and an Earnest Money Deposit (EMD) of ₹500,000. The auction will take place online on November 19, 2025, starting at 10:00 AM and concluding at 7:00 PM. This is a fantastic opportunity to bid on a plot in a strategic location. Ensure your EMD is submitted on time to participate.
Borrower Name:M/s. United Motor Stores
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rishi Matreja, Mrs. Trapti Matreja, Ms. Kiran Matreja
Legal Details
Possession Status:Physical
Encumbrance Details:Not known to Bank
Why This Property
The property is a plot with a building in a developed area, presenting both residential and commercial potential. While the reserve price is moderate, the location and building offer a good investment opportunity. Due diligence is recommended to assess the building's structural integrity and legal clearances.
Contact Details
Branch:Branch Office : ASANSOL MAIN BRANCH
Service Provider:BAANKNET
Contact Details:
Prashant Kumaar Tripathi
Contact no:9935508374
