Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613629
Bank Name:Bank of India
Branch Name:Hazaribagh
Reserve Price:₹18,00,000
EMD:₹4,50,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2022-07-10
Property Description
A residential flat located in Koderma, Ranchi, Jharkhand, offered by the Bank of India. This property, formerly held by borrower Kirti Sinha, presents an opportunity for ownership in a developing region. The flat is suitable for individual or family living.
State:Jharkhand
City:Ranchi
Area:Koderma
Asset Category:Residential
Full Address:Flat no-03 on 2nd Floor, Sanjeevani Complex, Sanjeevani Complex, In Rajgarihiya campus Vill - Telaiya, Ward No -10 Jhumritelaiya District - Koderma, Jhumritelaiya, Ranchi
Building/Society:Sanjeevani Complex
Size:880.0 sft
Auction Description
This SARFAESI auction, conducted by the Bank of India, features a residential flat in Koderma, Ranchi. The auction begins on November 25, 2025, at 10:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at 1,800,000.0 with an Earnest Money Deposit (EMD) of 450,000.0. Interested bidders are encouraged to review all auction terms and conditions.
Borrower Name:Kirti Sinha
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kundan Kumar Sinha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Koderma, Ranchi, coupled with its size, makes it a viable option for local buyers. However, the reserve price relative to the area necessitates a careful evaluation of market conditions. The property is a Calculated Opportunity due to its location and potential rental yield.
Contact Details
Branch:Branch Office : Hazaribagh
Service Provider:BAANKNET
Contact Details:
Nivas Kumar
Contact no:9534741185
