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Commercial in Kolkata

Kolkata

Reserve price
₹10.52 Cr
Auction date
10 Mar 2026
11:00 AM
EMD deadline
11 Nov 2025
4:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Commercial Space on the 5th Floor of the Building, Holding No.57, Chowranghee Road, Kolkata, with super built-up area of 7826 sq.ft. owned by group company Ideal Gymnasium Pvt. Ltd. being a sub-lessee of the property (Sub-lessor is Nortex Mills Ltd.)
City: Kolkata
District: Kolkata
State: West Bengal
Pin Code: 700071
Country: India

Auction timeline

Auction starts
10 Mar 2026 at 11:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
11 Nov 2025 at 4:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Property Price
₹10.52 Cr
Property Identifiers
Bank Property ID
BKID2920IDEAL02
Collateral ID
IDEAL02

Property Images

Price history

4 previous auctions
₹10.1Cr9 Aug₹10.5Cr₹10.5CrNow 4.7% up
₹10,52,00,000.00
28 Jan 2026
Commercial
Bank of India logoBank of IndiaPossession: Symbolic
₹10,52,00,000.00
11 Nov 2025
Commercial
Bank of India logoBank of IndiaPossession: Symbolic
₹10,05,00,000.00
25 Oct 2024
Commercial
Bank of India logoBank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s IDEAL MOVERS PVT LTD
Registered Address of Borrower
50, J. L. Nehru Road, 11th Floor, Kolkata, West Bengal-700071
Owner
Nortex Mills Ltd.
NPA Amount
₹115.77 Cr
NPA Date
01 Aug 2022
Ownership Type
Leasehold
Title Deed
Registered Lease Deed
Asset Type
Immovable
Collateral ID
IDEAL02
Customer ID
009661692
Demand Notice
Notice Date
18 Nov 2022
Notice Amount
₹123.39 Cr
Asset Classification
Classification Date
30 Jun 2024
Classification ID
4
Possession Dates
Symbolic
13 Apr 2023

EMD Schedule

EMD Start
26 Feb 2026
4:16 PM
EMD Deadline
10 Mar 2026
4:00 PM
Payment Deadline
11 Nov 2025

Inspection Schedule

Inspection Start
03 Mar 2026
11:00 AM
Inspection End
03 Mar 2026
4:00 PM

Officer Details

Authorized Officer
Naresh Rambhai Makvana
Chief Manager
Dealing Officer
Naresh Rambhai Makvana

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Asset Type
Immovable
Collateral ID
IDEAL02
Property ID
BKID2920IDEAL02
Bank of India logo
Bank of India
Verified seller
Branch: Surat Asset Recovery Branch
IFSC: BKID

Bank contact

+91 93722 70093+91 99248 69768
Branch Address
Bank of India Building, 5th floor, Surat main Branch, Kanpith, Lalgate, Surat
Department
Surat Asset Recovery Branch