1,375 sq feet Commercial Building for Auction in Kolkata – PSB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1,375 sq feet (≈ 1,375 sq ft)

Reserve price / sq ft

₹5,040

Locality

—

City

Kolkata

State

West Bengal

Pincode

700079

Address

Kolkata, West Bengal, 700079 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab & Sind Bank

Branch

ASSET RECOVERY BRANCH KOLKATA-C0719

Auction type

SARFAESI Auction

Borrower

m/s s***** k***** s***** (***** p** l**

Auction start

05 Oct 2026, 12:00 PM

Auction end

05 Oct 2026, 02:00 PM

EMD submission deadline

03 Oct 2026, 04:01 PM

Inspection

02 Oct 2026, 10:00 AM – 03 Oct 2026, 04:00 PM

Authorised officer

NAFE SINGH

Officer contact

7982127603

E-auction portal

BAANKNET (Property ID PSIB071916a)

Price Check

This listing's reserve price works out to ₹5,040 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 2 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PSIB071916a)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 03 Oct 2026, 04:01 PM. It is refunded if you don't win.
5. Bid online on 5 Oct 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.