Shop for auction 2 Harish Kumar Agarwal.Boundaries:55/2, CH Bhowanipur Kolkata by Tamil...

Discover an exceptional commercial property opportunity situated in the highly sought-after area of Bhowanipur, Kolkata. This ground floor commercial flat, identified as No. GIA, offers a super built-up area of 350 sq.ft. at Premises No. 53, Justice Chandra Madhab Road, falling under Ward No. 70 of the Kolkata Municipal Corporation. Its strategic ground-floor location ensures excellent visibility and accessibility, making it ideal for a variety of business ventures, from retail outlets and professional offices to service centers. Bhowanipur is a well-established commercial and residential hub, providing strong foot traffic and a thriving local economy, which significantly enhances the property's investment potential. The clear boundaries, including Justice Chandra Madhab Road to the north and a common passage to the south, further define its prime positioning within this vibrant urban landscape. This property represents a superb chance for new entrepreneurs or investors to establish a presence in a prime Kolkata location.

This presents a compelling opportunity for new property buyers to acquire a commercial asset through a transparent SARFAESI Auction conducted by Tamilnad Mercantile Bank Limited. The auction for Property ID 434519, a commercial flat in Bhowanipur, Kolkata, is scheduled for February 25, 2025, with bidding commencing at 11:30 AM and concluding sharply at 12:30 PM, allowing a precise one-hour window for bids. Prospective buyers must submit their applications by 04:00 PM on February 24, 2025. A Reserve Price of INR 5,250,000.00 has been set, and an Earnest Money Deposit (EMD) of INR 525,000.00 is required, which is fully refundable if the bid is unsuccessful. Interested parties are strongly encouraged to conduct thorough due diligence, understand the SARFAESI Act provisions, and clarify any doubts by contacting the Kolkata Branch directly at 033-22432822 or 9831008565. This is an excellent chance to secure a valuable commercial property at a potentially competitive price.