5,368.32 sq feet Commercial Building for Auction in Garbeta, Amlagora, Midnapore – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

5,368.32 sq feet (≈ 5,368 sq ft)

Reserve price / sq ft

₹4,686

Locality

Garbeta, Amlagora

City

Midnapore

State

West Bengal

Pincode

721121

Address

GARBETA, Amlagora, West Bengal, 721121 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB PASCHIM MEDINIPUR829400

Auction type

SARFAESI Auction

Borrower

MEDINIPUR N***** F***** O***** F***** P** L**

Auction start

10 Dec 2026, 11:00 AM

Auction end

10 Dec 2026, 04:00 PM

EMD submission deadline

10 Dec 2026, 04:00 PM

Inspection

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

Authorised officer

RAJESH KUMAR

Officer contact

8451880664

E-auction portal

BAANKNET (Property ID PUNBGARBETANATUREFRIEND)

Price Check

This listing's reserve price works out to ₹4,686 per sq ft. The average across commercial bank auctions in Midnapore on our site is ₹4,845 per sq ft, so this one is 3% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBGARBETANATUREFRIEND)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 10 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 10 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.