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Office SARFAESI Auction Symbolic Possession

1,200 sq feet Office for Sale (Bank Auction) in Bowbazar, Kolkata – PSB

Bowbazar, Kolkata, West Bengal · Auction ID #69600

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Office photo 1
Indicative Price ₹1,06,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,200 sq feet

Property Details

Property type
Office (Commercial)
Possession
Symbolic Possession
Area
1,200 sq feet (≈ 1,200 sq ft)
Reserve price / sq ft
₹8,833
Locality
Bowbazar
Pincode
700012
Address
BOWBAZAR, Kolkata, West Bengal, 700012 View on map

Description (as per sale notice)

All that piece and parcel of cemented flooring one flat measuring a super built up area of 1600 sq ft be the same a little more or less consisting of 04(four) rooms, 01(one) store room located on the fifth floor (for Office use) together with undivided proportionate share of land beneath the seven storied (G+6) building lying at the premises No 52, Weston Street, under Kolkata Municipal Corporation Ward No 46, Police Station Bowbazaar, Kolkata 700012, registered in the name of Mr. Shahaan Siddiqui vide Gift Deed registered in Book-I, volume number 1903-2021, Page from 16475 to 16500 being No 190306882 for the year 2020, registered on 11.01.2021 in the office of A.R.A – III, Kolkata, West Bengal.

BAANKNET Property ID: PSIBDREAM

Bank & Auction Details

Bank / Lender
Punjab & Sind Bank
Branch
IBD, KOLKATA-C0562
Auction type
SARFAESI Auction
Borrower
DREAM W***** P***** L*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹8,833 per sq ft. The average across commercial bank auctions in Kolkata on our site is ₹9,641 per sq ft, so this one is 8% 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 PSIBDREAM)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab & Sind Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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