Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612328
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹17,02,000
EMD:₹1,70,200
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:00 AM
Property Description
A residential flat located in Jamshedpur, East Singhbhum, Jharkhand. This property is being auctioned by the Bank of India. It is part of a SARFAESI auction. The flat is offered as a residential asset.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:V14, Vidyanand Apartment, Vidyanand Apartment, Plot No. 308 & 309, Mouza - Baliguma, Ward No. 10 MNAC, P.S. MGM, Baliguma, Jamshedpur
Building/Society:Vidyanand Apartment
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Jamshedpur, East Singhbhum, Jharkhand. The auction will take place on November 25, 2025, starting at 10:00 AM and closing at 05:00 PM. The reserve price is ₹17,02,000, with an Earnest Money Deposit (EMD) of ₹1,70,200. The property was previously owned by Mrs. Chanchal Devi.
Borrower Name:Mrs. Chanchal Devi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Jamshedpur and the relatively low reserve price. While not a prime investment, its residential nature and auction terms make it worthy of consideration for local investors familiar with the market.
Contact Details
Branch:Branch Office : Asset Recovery Department
Service Provider:BAANKNET
Contact Details:
Mr. Bimal Prasad Singh or Mr. Rajat Kumar Singh
Contact no:8451805554or8340206730
