Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612785
Bank Name:Punjab National Bank
Branch Name:Circle Sastra : Hooghly
Reserve Price:₹6,95,000
EMD:₹69,500
Bid Increment:₹100
Auction Time:11:00 A.M to 04:00 P.M
Service Provider:BAANKNET
Important Dates
Submission Date:2023-08-30
Bid Start Date:2023-09-01
Property Description
A prime commercial shop located in the bustling area of Singur, Hooghly, West Bengal. This property is being auctioned by Punjab National Bank. Ideal for business ventures, it offers excellent potential in a developing commercial hub. The shop is part of a SARFAESI auction, presenting a unique opportunity for investors and entrepreneurs to acquire valuable commercial real estate.
State:West Bengal
City:Hooghly
Area:Singur
Asset Category:Commercial
Full Address:Shop No. 7, Rajeshwary Abasan, Shop No. 7, Rajeshwary Abasan, Mouza - Jalaghata, J.L. No. 79, Singur 1 No. Gram Panchayat, P.O. & P.S. Singur, Dist Hooghly, Singur, Hooghly
Building/Society:Rajeshwary Abasan
Size:100 Sq.ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a commercial shop in Singur, Hooghly, West Bengal. The auction begins on November 20, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at INR 6,95,000 with an Earnest Money Deposit (EMD) of INR 69,500. This is a significant opportunity to acquire a commercial asset from a leading public sector bank.
Borrower Name:M/s. New Tara Maa Imitation
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small commercial shop in Singur, with a relatively low reserve price making it accessible. While the location may not be prime, the auction terms are favorable, and the property could present a decent investment opportunity for local businesses.
Contact Details
Branch:Branch Office : Circle Sastra : Hooghly
Service Provider:BAANKNET
Contact Details:
Contact no: —
