1,842 sq ft Flat for Auction in Kolkata – IDBI

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

1,842 sq ft

Reserve price / sq ft

₹8,013

Locality

—

City

Kolkata

State

West Bengal

Address

ALL THAT Flat no. 31Ameasuring about 1842 sq. ft. (Covered area) on the 5th floor of the building built and constructed at or upon the plot of land measuring about 12 cottahs 11 chittacks and 37 sq 1. lying and situated at municipal Premises No. 111 Chittranjan Avenue under municipal Ward No. 44 within the limits of Kolkata Municipal Corporation and butted and bounded as under: On or toward East by: By Chitarinian Avenue, On or towards West by: By Premises No. 38, Colootolla Street, On or towards North by: By Premises No. 113. Chittaranjan Avenue; On or towards South by: By Municipal Lane named Kaviraj Row View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IDBI Bank

Branch

IDBI Bank, Retail Recovery Department, Kolkata - BO

Auction type

SARFAESI Auction

Borrower

Rajat P*****

Auction start

13 Nov 2026, 11:00 AM

Auction end

13 Nov 2026, 01:00 PM

EMD submission deadline

12 Nov 2026, 04:00 PM

Inspection

11 Nov 2026, 01:00 PM – 11 Nov 2026, 02:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹8,013 per sq ft. The average across residential bank auctions in Kolkata on our site is ₹4,485 per sq ft, so this one is 79% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Inspect the property on 11 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹14,76,000 before 12 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 13 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.