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Commercial in Kolkata

Kolkata

Reserve price
₹46.00 Cr
Auction date
30 Mar 2026
11:30 AM
EMD deadline
15 Dec 2025
5:00 PM
Bid increment
₹46,00,000.00

Location details

Property Address
Property at 8 Old Court House Street Kolkata, occupied by PSB, ARB, Kolkata Branch. Presently known as Premises No.28, Hemanta Basu Sarani, Ward No.46, under Kolkata Municipal Corporation, P.O. & P.S.- Hare Street, Dist. – Kolkata, PIN – 700001.
City: Kolkata
District: Kolkata
State: West Bengal
Pin Code: 700001
Country: India

Auction timeline

Auction starts
30 Mar 2026 at 11:30 AM
Auction ends
30 Mar 2026 at 12:30 PM
EMD submission deadline
15 Dec 2025 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Others
Title Deed Type
Others (Sale deed no I-4171/06 dated 17.02.2005)
Property Price
₹46.00 Cr
Property Identifiers
Bank Property ID
PSIB0123456
Collateral ID
ARB1444567

Property Images

Price history

3 previous auctions
₹46.0Cr25 Sep₹46.0Cr₹46.0CrNow
₹46,00,00,000.00
17 Feb 2026
Commercial
Punjab & Sind Bank logoPunjab & Sind BankPossession: Physical
₹46,00,00,000.00
16 Dec 2025
Commercial
Punjab & Sind Bank logoPunjab & Sind BankPossession: Physical
₹46,00,00,000.00
25 Sep 2025
Commercial
Punjab & Sind Bank logoPunjab & Sind BankPossession: Physical

Borrower & Loan details

Borrower Name
FRONTLINE CORPORATION LTD
Registered Address of Borrower
4, B.B.D. BAG (EAST), STEPHEN HOUSE, ROOM NO - 5, 1ST FLOOR, KOLKATA, West Bengal, India, 700001
NPA Amount
₹23.92 Cr
NPA Date
31 Mar 2012
Ownership Type
Others
Title Deed
Others
Asset Type
Immovable
Collateral ID
ARB1444567
Customer ID
601416940
Demand Notice
Notice Date
13 Jun 2012
Notice Amount
₹44.90 Cr
Asset Classification
Classification Date
31 Mar 2016
Classification ID
5
Possession Dates
Physical
19 Jan 2013

EMD Schedule

EMD Start
25 Feb 2026
5:01 PM
EMD Deadline
27 Mar 2026
5:00 PM
Payment Deadline
15 Dec 2025

Inspection Schedule

Inspection Start
25 Mar 2026
11:00 AM
Inspection End
25 Mar 2026
1:00 PM

Officer Details

Authorized Officer
Sonal Srivastava
Chief Manager checker
Dealing Officer
Alok Chandra Bharti, Authorised officer

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹46,00,000.00
Extension Increment
₹46,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Others
Title Deed Type
Others (Sale deed no I-4171/06 dated 17.02.2005)
Asset Type
Immovable
Collateral ID
ARB1444567
Property ID
PSIB0123456
Punjab & Sind Bank logo
Punjab & Sind Bank
Verified seller
Branch: SAMVERT - STRESSED ASSET MANAGEMENT VERTICAL-D0744
IFSC: PSIB

Bank contact

+91 99999 99999
Branch Address
1st Floor,Block 3,NBCC Complex, East Kidwai Nagar, New Delhi
Branch IFSC
PSIB0000744
Department
SAMVERT - STRESSED ASSET MANAGEMENT VERTICAL-D0744