Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613704
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE : Ranchi
Reserve Price:₹8,54,90,000
EMD:₹85,49,000
Bid Increment:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 12:00 PM
Property Description
A residential flat located in Chas, Bokaro, Jharkhand, being auctioned by Canara Bank. This property is part of a SARFAESI auction, offering a potential opportunity for ownership in a developing area.
State:Jharkhand
City:Bokaro
Area:Chas.
Asset Category:Residential
Full Address:Madhuwan Heights, Madhuwan Heights, Bye pass road near Garga Bridge, Chas Dist: Bokaro, Plot no 6903, 6904, Mouza Chas No 30, Khata no 405, PS Chas, Chas, Bokaro
Building/Society:Madhuwan Heights
Size:13 decimals
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Chas, Bokaro, Jharkhand. The auction will take place on November 25, 2025, from 12:00 PM to 04:00 PM. The reserve price for this auction is ₹8,54,90,000, with an Earnest Money Deposit (EMD) of ₹85,49,000 required. This is a significant opportunity to acquire property through a bank auction.
Borrower Name:M/S DURGA STEEL
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vijay Kumar, Mrs. Chrissty Shirish Co-Borrower, Mrs. Chanda Kumari
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Chas, Bokaro, and residential nature make it a calculated opportunity. The high reserve price warrants careful consideration, but the potential for value appreciation exists in the growing Bokaro region.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : Ranchi
Service Provider:BAANKNET
Contact Details:
Contact no:6370103938
