Malda House Auction: Individual House (1,890 sq ft) – Reserve ₹1.82 Cr (6 Oct 2026)

The Malda house auction listed by Punjab National Bank on the BAANKNET e-auction portal is one of the upcoming house opportunities in West Bengal. On offer is a individual house in Malda (PIN 732101), with 1,890 sq ft carpet area. The online auction runs on 6 October 2026 (10:00 AM to 4:00 PM) with a reserve price of ₹1,82,07,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Malda House Auction: Key Highlights

• Reserve price: ₹1,82,07,000 (₹1.82 Cr)
• EMD: ₹18,20,700
• Bid increment: ₹50,000
• Auction: 6 October 2026, 10:00 AM to 4:00 PM
• Last date for EMD: 6 October 2026, 3:00 PM
• Location: Malda, West Bengal
• Possession: Symbolic

Malda House Auction – Complete Details

Auction ID	356517
Bank property ID	PUNBABA40334921
Bank	Punjab National Bank
Branch	Armb Malda827500
Property type	Residential – Individual House
Carpet area	1,890 sq ft
Locality	2 No Government Colony
City / District	Malda
State	West Bengal
PIN code	732101
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹1,82,07,000
EMD	₹18,20,700
Bid increment	₹50,000
Auto-extension	10 minutes per late bid

About the Location – Malda

The property is located in Malda, West Bengal (PIN 732101). West Bengal’s property market centres on Kolkata and its suburbs, with growing demand in Howrah, Hooghly and North 24 Parganas as metro and road links improve. The handling branch is Armb Malda827500, which is usually the best contact for site visits and local queries.

Is the Malda House Auction Worth It?

At the reserve price, the property works out to about ₹9,633 per sq ft of carpet area – compare this with recent resale rates in Malda before you bid. The EMD of ₹18,20,700 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Malda House Auction

• EMD submission opens: 7 September 2026
• Last date for EMD: 6 October 2026, 3:00 PM
• E-auction: 6 October 2026, 10:00 AM to 4:00 PM
• Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 356517 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7814707859.
4. Pay the EMD of ₹18,20,700 through the BAANKNET wallet before 6 October 2026, 3:00 PM.
5. Log in on 6 October 2026 and bid above the reserve in steps of ₹50,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our buying bank auction houses and villas before you bid.

Malda House Auction: FAQs

More PNB and West Bengal Auctions

• All Punjab National Bank auction listings
• More house auctions
• Bank auctions in West Bengal
• Guide: symbolic vs physical possession explained

Source: Auction ID 356517 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab National Bank before bidding.