Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610069
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹29,00,000
EMD:₹2,90,000
Bid Increment:₹50,000
Auction Time:12:00 noon to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:11-11-2025 05:00 PM
Bid Start Date:2025-11-11
Property Description
This is a residential flat located in Jamshedpur, East Singhbhum, Jharkhand. The property is being auctioned by the State Bank of India under the SARFAESI Act. It is a great opportunity to own a flat in a well-known area.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:3B, Uday Akash Tower, Residential Flat bearing no 3B, at 3rd floor, at North East corner of“Uday Akash Tower”, R.S. Plot No 3748,3749, & 3750(portion) under Khata no 371 corresponding to new Plot No 2430 A,B,C,D, & E under Khata No 19, Mouza-Mango, MNAC survey ward no 10, survey thana no 1642, P.S.- Mango, Mango, Jamshedpur
Building/Society:Uday Akash Tower
Size:894 sq ft
Auction Description
State Bank of India presents a SARFAESI auction for a residential flat in Jamshedpur, East Singhbhum. The auction will take place on November 11, 2025, from 12:00 PM to 02:00 PM. The reserve price for this auction is ₹29,00,000, with an EMD of ₹2,90,000. This is a unique chance to acquire property through a bank auction.
Borrower Name:M/S MANPREET ENGINEERING PVT LTD
Auction Type:SARFAESI Auction
Guarantor Names:Sri Gurcharan Singh, Smt. Tajinder Kaur
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a residential flat in a decent location of Jamshedpur, offered at a reasonable reserve price. While not a prime investment, the property presents a calculated opportunity for buyers looking for residential options or rental income in the area. Auction terms are standard, and due diligence is recommended.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Rajeev Kumar, Olive Dungdung
Contact no:6287220111/6201649717
