Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:610058
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹67,00,000
EMD:₹6,70,000
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 SARFAESI regulations. Ideal for individuals or families seeking a home in a well-established urban area, this flat presents an opportunity for ownership in a developing region of Jharkhand.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:1C and 1D, Uday Akash Tower, Residential Flat bearing no 1C and 1D, at 1st floor at South corner of “Uday Akash Tower, Mango, Jamshedpur
Building/Society:Uday Akash Tower
Size:2074 sq ft
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential flat in Jamshedpur, East Singhbhum. The auction will take place on November 11, 2025, commencing at 12:00 PM and concluding at 02:00 PM. The reserve price for this property is INR 67,00,000, with an Earnest Money Deposit (EMD) of INR 6,70,000 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:M/S MANPREET ENGINEERING PVT LTD
Auction Type:SARFAESI Auction
Guarantor Names:Sri Gurcharan Singh, Smt. Tajinder Kaur
Legal Details
Encumbrance Details:NIL
Why This Property
This property presents a strong investment case due to its size, residential type, and location in Jamshedpur. The reserve price is reasonable, and the clear auction terms make it a worthwhile opportunity. Given the prime location and property size, it's a solid prospect for both investment and residential purposes.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Mr. Rajeev Kumar
Contact no:6287220111
