368 sq ft Commercial Building for Auction in Kolkata – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

368 sq ft

Reserve price / sq ft

₹21,739

Locality

—

City

Kolkata

State

West Bengal

Address

One Godown on the Ground Floor of covered Area 368 Sq.ft, super built up Area 442 Sq.ft, covered areas Godown 200 Sq.ft. covered areas stair room and stair case of area 168 Sq.ft together with residential unit situated on the 1st floor upon land measuring 0.025 Acres in R.S. Plot Nos. 22924, 22926, R.S. Khatian No. 13711, C.S. Khatian No. 3053, J.L. No. 20, Mouza-Asansol Municipality, P.S. Asansol, Dist-PascR1ZvPcQJ8mhim Bardhaman, bearing AMC Holding No. 109, Ward No. 14. S.B. Raha Lane. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Chowringhee Court Branch

Auction type

SARFAESI Auction

Borrower

Durgadas M*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2401425

Price Check

This listing's reserve price works out to ₹21,739 per sq ft. The average across commercial bank auctions in Kolkata on our site is ₹9,641 per sq ft, so this one is 125% above 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 (bankauctions.in (4Closure) · Listing 2401425), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹8,00,000 before 05 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.