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Commercial immovable properties consisting of land & building for sale in Contai

Contai, Purba Medinipur, West Bengal – 721401

Punjab National Bank · ARMB PURBA MEDINIPUR830000

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Reserve price
₹48,75,000
EMD
₹4,87,500
Bid increment
₹25,000

This is the 2nd auction of this property. The reserve price is 9.9% lower than at the last auction (₹54,09,638 on 2 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by27 Oct 2026, 12:29 PM
  2. Auction27 Oct 2026, 11:30 AM – 3:30 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹48,75,000-9.9%Upcoming
2 Sep 2026₹54,09,638—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,87,500
Rest of 25% when you win (same or next day)
₹7,31,250
Balance 75%, usually within 15 days
₹36,56,250
Stamp duty and registration (about 5–8%, varies by state)
₹2.44 L – ₹3.90 L

You may bid above the reserve in steps of ₹25,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Equitable Mortgage of all the part & parcel of the commercial immovable properties consisting of land & building situated at Vill & Mouza – Balabhadrapur, with in Nayaput Gram Panchayat, PS – Contai, Dist – Purba Medinipur, JL No 361, LR Khatian No 649, bearing Plot No (RS)&(LR) 639, total area measuring 22.50 decimal Bastu, vide gift deed no. I-4508 of 2018 dated 10.05.2018 standing in the name of Mr. Asim Kumar Giri S/o Mr. Gurupada Giri.
Borrower
Asim Kumar Giri

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