Malda Industrial Shed Auction: Industrial Shed (6,968.96 sq ft) – Reserve ₹36.55 Lakh (27 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-363244
Property Description
Canara Bank has put a industrial shed up for sale through the Malda industrial shed auction, open to all registered bidders on BAANKNET. On offer is a industrial shed in Malda (PIN 732142), with 6,968.96 sq ft carpet area. The online auction runs on 27 October 2026 (11:30 AM to 1:30 PM) with a reserve price of ₹36,55,000.
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.
Table of Contents
Table of Contents
Malda Industrial Shed Auction: Key Highlights
- Reserve price: ₹36,55,000 (₹36.55 Lakh)
- EMD: ₹3,65,500
- Bid increment: ₹50,000
- Auction: 27 October 2026, 11:30 AM to 1:30 PM
- Last date for EMD: 26 October 2026, 5:00 PM
- Location: Malda, West Bengal
- Possession: Symbolic
Malda Industrial Shed Auction – Complete Details
| Auction ID | 363244 |
| Bank property ID | CNRB79260440 |
| Bank | Canara Bank |
| Branch | Kolkata Specialised Arm Branch |
| Property type | Industrial – Industrial Shed |
| Carpet area | 6,968.96 sq ft |
| City / District | Malda |
| State | West Bengal |
| PIN code | 732142 |
| Type of possession | Symbolic |
| Type of action | Under SARFAESI |
| Reserve price | ₹36,55,000 |
| EMD | ₹3,65,500 |
| Bid increment | ₹50,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Malda
This listing falls in Malda, West Bengal, postal code 732142. 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 Kolkata Specialised Arm Branch, which is usually the best contact for site visits and local queries.
Is the Malda Industrial Shed Auction Worth It?
At the reserve price, the property works out to about ₹524 per sq ft of carpet area – compare this with recent resale rates in Malda before you bid. The EMD of ₹3,65,500 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.
Important Dates for the Malda Industrial Shed Auction
- EMD submission opens: 19 September 2026
- Last date for EMD: 26 October 2026, 5:00 PM
- E-auction: 27 October 2026, 11:30 AM to 1:30 PM
- Auto-extension: 10 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 363244 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9163477323.
- Pay the EMD of ₹3,65,500 through the BAANKNET wallet before 26 October 2026, 5:00 PM.
- Log in on 27 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
- Check whether the plot is freehold or leasehold (MIDC/SIDCO/KIADB etc.) and the transfer charges.
- Inspect machinery, if included, and confirm the inventory.
- Verify pollution, fire and factory licence requirements.
- Check pending electricity, water and statutory dues.
- Read our warehouse and godown buying guide before you bid.
Malda Industrial Shed Auction: FAQs
What is the reserve price in the Malda industrial shed auction?
The reserve price is ₹36,55,000. Bids below the reserve price are not accepted.
When is the Malda industrial shed auction scheduled?
The e-auction is on 27 October 2026 from 11:30 AM to 1:30 PM. The last date for EMD is 26 October 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹3,65,500. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Malda, West Bengal – 732142.
Where can I see the official sale notice?
Search Auction ID 363244 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Canara Bank and West Bengal Auctions
- All Canara Bank auction listings
- More industrial shed auctions
- Bank auctions in West Bengal
- Guide: finance options for commercial auctions
Source: Auction ID 363244 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Canara Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Industrial Sheds |
|---|---|
| Land Area | 6968.96 sq ft |
| Location | Malda, Malda, West Bengal |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 19 Sep 2026Auction Notice Published
- 26 Oct 2026Last Date for EMD Submission
- 27 Oct 2026, 11:30 AM to 1:30 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.