Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613694
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE : Ranchi
Reserve Price:₹22,75,000
EMD:₹2,27,500
Bid Increment:₹20,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 12:00 PM
Property Description
This is a residential flat located in East Singhbhum, Jharkhand, offered by Canara Bank. The property is being auctioned under the SARFAESI Act. This is a prime opportunity to acquire a flat in a well-established area.
State:Jharkhand
City:East Singhbhum
Area:East Singhbhum
Asset Category:Residential
Full Address:1/C, BAGH-E-MADINA, Flat No. 1/C, on the First Floor of the building known as "BAGH-E-MADINA", East Singhbhum, East Singhbhum, Jharkhand, East Singhbhum, East Singhbhum
Building/Society:BAGH-E-MADINA
Size:920 Sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in East Singhbhum, Jharkhand. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹22,75,000, with an Earnest Money Deposit (EMD) of ₹2,27,500 required. This auction presents a unique chance to bid on a valuable asset.
Borrower Name:Mr. Shekh Aslam
Auction Type:SARFAESI Auction
Guarantor Names:M/s. Saif Steel Furniture
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in East Singhbhum, offered at a moderate reserve price. While the location is not explicitly prime, the presence of a flat with standard amenities makes it a calculated investment opportunity, given the auction terms and symbolic possession.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : Ranchi
Service Provider:BAANKNET
Contact Details:
Contact no:6370103938
