Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612332
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹33,69,000
EMD:₹3,36,900
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
A valuable plot of land located in Jamshedpur, East Singhbhum, Jharkhand, offered by the Bank of India. This residential land presents a significant opportunity for development or investment in a growing urban area. The property is being auctioned under the SARFAESI Act.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:5/D, GUNAMAY MADHUSUDHAN TOWER, Flat No. 5/D on 5th Floor, "GUNAMAY MADHUSUDHAN TOWER", Mouza - Mango, P.S. Mango, Jamshedpur, Dist.-East Singhbhum, Jharkhand, Pin Code-831012, Mango, Jamshedpur
Building/Society:GUNAMAY MADHUSUDHAN TOWER
Size:977 Sq.ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a plot of land in Jamshedpur, East Singhbhum, Jharkhand. The auction will take place on November 25, 2025, starting at 10:00 AM and concluding at 5:00 PM. The reserve price is set at ₹33,69,000, with an Earnest Money Deposit (EMD) of ₹3,36,900 required to participate. This is a unique opportunity to acquire land in a prime location.
Borrower Name:Shri Prakash Narayan Tiwary
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 decent location with a reasonable reserve price. While it's not a prime investment, it presents a calculated opportunity for potential buyers looking for residential property in Jamshedpur. The auction terms are standard.
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
