Shop for auction RELIANCE Reliance Corporate IT Park Durgapur Burdwan by SBI

Property for Auction in Durgapur, Burdwan, West Bengal

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Durgapur, Burdwan
Auction Date IconAuction Date:
24-03-2025 11:00 AM

Auction Details

Auction ID:452321

Bank Name:State Bank of India

Branch Name:STRESSED ASSETS RECOVERY BRANCH, BURDWAN

Reserve Price:6,38,00,000

EMD:63,80,000

Service Provider:BAANKNET

Important Dates

Submission Date:22-03-2025 05:00 PM

Bid Start Date:24-03-2025 11:00 AM

Property Description

Commercial Property located at City Centre, Durgapur, Paschim Bardhaman, West Bengal-713216. The property comprises of an equitable mortgage of an Indenture of Lease vide Deed No. I-5650 dated 10.10.2006. It features a multi-storied building with approximately 14000 Sq. Ft. of built-up area out of a total of 19000 Sq. Ft. (approx.). The land area is approximately 8.00 Katha/or 5760 Square Feet. Specific portions sold include 1068 sq.ft. on the Ground Floor and 3932 sq.ft. on the 1st floor, plus areas for utility services. The property is bounded by an ADDA Road and H.T. Corridor to the north, and ADDA Acquired Land to the east, south, and west.

State:West Bengal

City:Burdwan

Area:Durgapur

Asset Category:Commercial

Auction Description

This is a SARFAESI auction conducted by the State Bank of India for a commercial property located in Durgapur, Burdwan, West Bengal. The property is owned by M/s Neogi Auto Private Limited and is associated with Deed No. I-5650 of 2006, involving an equitable mortgage of an Indenture of Lease. The property includes a multi-storied building with approximately 14000 Sq. Ft. of built-up area out of a total of 19000 Sq. Ft. (approx.). The land area is approximately 8.00 Katha or 5760 Square Feet, situated at City Centre, Durgapur. The sale includes specific portions of the building on the Ground Floor (1068 sq.ft.) and 1st Floor (3932 sq.ft.), along with dedicated spaces for utilities like DG, Transformer, manholes, HVAC, and V-SAT, as detailed in a Deed of Sublease No. I- 01717/15 dated 21.04.2015 with Reliance Corporate IT Park Limited. It also includes a piece of land (100 sq.ft.) for earth pits and manholes on the ground floor and 320 sq.ft. on the roof for a rooftop pole/mast, as per an Agreement For License dated 29.04.2015 with Reliance Jio Infocomm Limited. The property is bounded by an ADDA Road and H.T. Corridor to the north, and ADDA Acquired Land to the east, south, and west. The reserve price is 6,38,00,000.00 and the EMD is 63,80,000.00. The auction is scheduled for March 24, 2025, from 11:00 AM to 03:00 PM.

Borrower Name:NEOGIE AUTOMOBILES

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer- Abhijit Chakravorty - Mobile No: 9674458888

Discover Similar Auctions

Videos