505 sq ft Commercial Building for Auction in Kolkata – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

505 sq ft

Reserve price / sq ft

₹5,743

Locality

—

City

Kolkata

State

West Bengal

Pincode

743235

Address

All that piece and parcel of Land measuring 2.64 Decimals (1.28 Decimals in Dag No. 18740 and 1.36 Decimals in Dag No. 18742) along with 505 Sq.ft. Semi-Commercial Pucca structure with Marble Floor, lying and situated at Mouza- Bongaon, comprised in RS Dag No. 8231 & 8233 corresponding to L.R. Dag No. 18740 & 18742, J.L. No. 116, corresponding to Khatian No. 23419, P.S. Bongaon, A.D.S.R.- Bongaon within the limits of Bongaon Municipality, Holding No. 8/265/A Ward No. 18, in the District of North 24 Parganas, Pin-743235 having following Boundaries: North by: Pond of Kartick Karmakar, South by: 18 feet wide Ramnagar P.W.D. Road East by: Property of Sankar Chakraborty, West by: Property of Netai Chakraborty. 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

Tapan K**** H*****

Auction start

23 Oct 2026, 11:00 AM

Auction end

23 Oct 2026, 01:00 PM

EMD submission deadline

22 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2401438

Price Check

This listing's reserve price works out to ₹5,743 per sq ft. The average across commercial bank auctions in Kolkata on our site is ₹9,641 per sq ft, so this one is 40% 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 (bankauctions.in (4Closure) · Listing 2401438), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,90,000 before 22 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.