Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611773
Bank Name:Bank of Baroda
Branch Name:ROSARB - Patna
Reserve Price:₹4,30,00,000
EMD:₹43,00,000
Bid Increment:₹50,000
Auction Time:13:00PM TO 17:00PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A valuable plot of land with an existing building located in the Rajpur area of Buxar, Bihar. This residential property is being auctioned by Bank of Baroda under SARFAESI proceedings. It presents a promising opportunity for development or personal use in a developing region. The property is offered on an 'as is, where is' basis.
State:Bihar
City:Buxar
Area:Rajpur
Asset Category:Residential
Full Address:G+2J, Moti Enclave, Flat No. G+2J, 2nd floor, Moti Enclave being 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, Tharpakna, Ranchi
Building/Society:Moti Enclave
Size:1040 square feet
Auction Description
Bank of Baroda presents a SARFAESI auction for a Land and Building property in Rajpur, Buxar, Bihar. The auction will take place on December 5, 2025, from 1:00 PM to 5:00 PM. The reserve price is INR 1,802,000, with an Earnest Money Deposit (EMD) of INR 180,200. This is a unique opportunity to acquire a property previously associated with M/s Bam Bam Rice Mill. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:M/s Bam Bam Rice Mill
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 Ranchi offered through a bank auction. While the location is decent, the symbolic possession and other dues involved suggest a calculated approach. The reserve price and EMD amount should be carefully evaluated before investing.
Contact Details
Branch:Branch Office : ROSARB - Patna
Service Provider:BAANKNET
Contact Details:
Contact no:0612-2260079
