Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612327
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹27,85,000
EMD:₹2,78,500
Bid Increment:₹10,000
Auction Time:10.00 A.M. to 05.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a land parcel located in Jamshedpur, East Singhbhum, Jharkhand. The property is being auctioned by the Bank of India under the SARFAESI Act. It is classified as a residential asset. The auction offers a chance to acquire land in a well-known area of Jharkhand.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:D/2B, KCS Complex, Flat No. D/2B, 4th Floor, KCS Complex, Girls School Road, Chowk Bazar, Jugsalai, Jamshedpur, Dist-East Singhbhum, Pin Code-831006, Jugsalai, Jamshedpur
Building/Society:KCS Complex
Size:910.00 Sq.ft.
Auction Description
The Bank of India is conducting an e-auction for a land property in Jamshedpur, East Singhbhum, Jharkhand. This SARFAESI auction has a reserve price of INR 27,85,000 and an Earnest Money Deposit (EMD) of INR 2,78,500. The auction will take place on November 25, 2025, starting at 10:00 AM and concluding at 5:00 PM on the same day. Interested bidders should review the auction terms and conditions on the bank's portal.
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 is a residential flat in a reasonably accessible location in Jamshedpur. The reserve price appears fair for the area, but prospective buyers should thoroughly assess the property condition and legal aspects before bidding. It represents a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Asset Recovery Department
Service Provider:BAANKNET
Contact Details:
Mr. Bimal Prasad Singh / Mr. Rajat Kumar Singh
Contact no:8451805554/8340206730
