4,992 sq ft Commercial Building for Auction in Kolkata – KBL

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

4,992 sq ft

Reserve price / sq ft

₹2,644

Locality

—

City

Kolkata

State

West Bengal

Address

All that part and parcel of Industrial Property situated at Dag No. 937, under RS Khatian No. 237, LR Khatian No. 309, JL No. 76, RS 234, Touzi No. 71, corresponding to Municipal holding No. 335, Pramodnagar Ward No. 24, of Rajour Sonarpur Municipality, Police Station and ADSR office at Sonarpur, District South 24- Parganas with land measuring 18 cottah 13 Chittacks and Building Constructed (Shed and Building) measuring 4992 sq ft, jointly belonging to Asit Baran Ghosh, Champa Ghosh, Pranab Kumar Saha, Shibani Saha, Juli Bhawmik and Souvik Bhowmik.Boundaries:East: Vacant Land of Dag No. 938North: Vacant Land of Dag No. 938West By 16ft Wide RoadSouth: By 16ft Wide Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karnataka Bank

Branch

Narendrapur Branch

Auction type

SARFAESI Auction

Borrower

M/s S*** F*** P***** P** L**

Auction start

16 Nov 2026, 11:30 AM

Auction end

16 Nov 2026, 12:30 PM

EMD submission deadline

13 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2450615

Price Check

This listing's reserve price works out to ₹2,644 per sq ft. The average across commercial bank auctions in Kolkata on our site is ₹8,388 per sq ft, so this one is 68% below 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2450615), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹13,20,000 before 13 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.