690 sq feet Commercial Building for Auction in Kolkata – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

690 sq feet (≈ 690 sq ft)

Reserve price / sq ft

₹4,986

Locality

—

City

Kolkata

State

West Bengal

Pincode

700057

Address

Kolkata, West Bengal, 700057 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

DUNLOP BRIDGE - 4631

Auction type

SARFAESI Auction

Borrower

M/s Z***** C*****

Auction start

29 Sep 2026, 11:00 AM

Auction end

29 Sep 2026, 04:00 PM

EMD submission deadline

29 Sep 2026, 03:00 PM

Inspection

15 Sep 2026, 11:00 AM – 29 Sep 2026, 10:00 AM

Authorised officer

branch manager

Officer contact

9681029935

E-auction portal

BAANKNET (Property ID IDIB7186163905)

Price Check

This listing's reserve price works out to ₹4,986 per sq ft. The average across commercial bank auctions in Kolkata on our site is ₹9,641 per sq ft, so this one is 48% 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 15 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB7186163905)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Sep 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 29 Sep 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.