0.04 acres Commercial Building for Auction in Burdwan, Bardhaman – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

0.04 acres (≈ 1,742 sq ft)

Reserve price / sq ft

₹1,116

Locality

Burdwan

City

Bardhaman

State

West Bengal

Pincode

713101

Address

Burdwan, West Bengal, 713101 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

DASGHARA - 5767

Auction type

SARFAESI Auction

Borrower

CHAKDIGHI FL S***

Auction start

09 Dec 2026, 10:00 AM

Auction end

09 Dec 2026, 04:00 PM

EMD submission deadline

09 Dec 2026, 04:00 PM

Inspection

09 Nov 2026, 10:00 AM – 08 Dec 2026, 04:00 PM

Authorised officer

RANDHIR KUMAR

Officer contact

7277064000

E-auction portal

BAANKNET (Property ID IDIB22348604845)

Price Check

This listing's reserve price works out to ₹1,116 per sq ft. The average across commercial bank auctions in Bardhaman on our site is ₹5,069 per sq ft, so this one is 78% 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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB22348604845)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 9 Dec 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.