Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611771
Bank Name:Bank of Baroda
Branch Name:ROSARB - Patna
Reserve Price:₹43,00,000
EMD:₹4,30,000
Bid Increment:₹50,000
Auction Time:13:00 PM to 17:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Lalpur, Ranchi, Jharkhand. The property is being auctioned by the Bank of Baroda under the SARFAESI Act. It represents an excellent opportunity to acquire a property in a well-known area of Ranchi.
State:Jharkhand
City:Ranchi
Area:Lalpur, Ranchi
Asset Category:Residential
Full Address:G+2J, Moti Enclave, Municipal holding No.1448 of ward no.7 of the Ranchi Municipal Corporation standing on M.S.Plot No.2212 situated at village-Konka, Mohalla Tharpakna P.S-LalPur, Thana No. 198, District -Ranchi Jharkhand, Lalpur, Ranchi
Building/Society:Moti Enclave
Size:1040 square feet
Auction Description
Bank of Baroda presents a SARFAESI auction for a residential flat in Lalpur, Ranchi, Jharkhand. The auction will commence on December 5, 2025, at 01:00 PM and conclude at 05:00 PM on the same day. The reserve price is set at ₹43,00,000, with an Earnest Money Deposit (EMD) of ₹4,30,000 required to participate. This auction offers a chance to purchase a property previously associated with M/s Medisun.
Borrower Name:M/s Medisun
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Jai Kiran, Mr. Devendra Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a decent location with a moderate reserve price. While it's not a prime investment, it presents a calculated opportunity for buyers familiar with the local market. The symbolic possession status should be carefully considered before bidding.
Contact Details
Branch:Branch Office : ROSARB - Patna
Service Provider:BAANKNET
Contact Details:
Contact no:0612-2260079
