320 sq feet Flat for Auction in Madhyamgram, Kolkata – BOI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

320 sq feet (≈ 320 sq ft)

Reserve price / sq ft

₹2,822

Locality

Madhyamgram

City

Kolkata

State

West Bengal

Pincode

700154

Address

MADHYAMGRAM, Kolkata, West Bengal, 700154 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

C.I.T. NEW ROAD-4006

Auction type

SARFAESI Auction

Borrower

DIPAK C***** B*****

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 05:00 PM

EMD submission deadline

12 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

RAMANUJ CHATTERJEE

Officer contact

9123320972

E-auction portal

BAANKNET (Property ID BKIDKZO124)

Price Check

This listing's reserve price works out to ₹2,822 per sq ft. The average across residential bank auctions in Kolkata on our site is ₹4,457 per sq ft, so this one is 37% 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 (BAANKNET (Property ID BKIDKZO124)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.