0.04 acres House for Auction in Kharagpur, Midnapore – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

0.04 acres (≈ 1,742 sq ft)

Reserve price / sq ft

₹2,095

Locality

Kharagpur

City

Midnapore

State

West Bengal

Pincode

721305

Address

Kharagpur, West Bengal, 721305 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

KHARAGPUR MAIN - 4501

Auction type

SARFAESI Auction

Borrower

SANDIP S***

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 05:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

17 Nov 2026, 11:00 AM – 18 Nov 2026, 05:00 PM

Authorised officer

PRAMOD KUMAR GIRI

Officer contact

9830044853

E-auction portal

BAANKNET (Property ID IDIB50436468959)

Price Check

This listing's reserve price works out to ₹2,095 per sq ft. The average across residential bank auctions in Midnapore on our site is ₹1,630 per sq ft, so this one is 29% 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.
2. Inspect the property on 17 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB50436468959)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
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.