Property for Auction in Motihari., East Champaran, Bihar
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609125
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹32,00,000
EMD:₹3,20,000
Bid Increment:₹20,000
Auction Time:12:00 Noon to 04:00 P.M.
Service Provider:BAANKNET
Submission Date:2024-11-30
Bid Start Date:2025-12-17
This offering presents a unique opportunity to acquire a Land and Building asset in the prime location of Motihari, East Champaran, Bihar. As part of a SARFAESI auction conducted by the State Bank of India, this residential property is ideal for those seeking to invest in a well-situated piece of real estate. The property is associated with the borrower Sri Krishna Kumar Sharma and has a reserve price of 3,200,000.0 INR, with an Earnest Money Deposit (EMD) of 320,000.0 INR.
State:Bihar
City:East Champaran
Area:Motihari.
Asset Category:Residential
Full Address:Mauza-Bara Bariyarpur, Thana-Chhatauni, Sub-registry Office-Motihari, Distt.-East Champaran (Bihar) Thana No.196, Jamabandi No. 1383, Khata No.462, Khesra No.499, Bara Bariyarpur, Motihari
Size:1.65 Desmil
The State Bank of India is conducting a SARFAESI auction for a Land and Building property located in Motihari, East Champaran, Bihar. The auction will commence on December 17, 2025, at 12:00 PM and conclude on November 17, 2025, at 04:00 PM. The reserve price for this valuable asset is 3,200,000.0 INR, with an EMD of 320,000.0 INR. This is a prime opportunity for interested buyers to participate in a transparent auction process and acquire a property in a developing region.
Borrower Name:Sri Krishna Kumar Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Rinki Kumari
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a land and building in a developing area, which presents a calculated opportunity. The reserve price is moderate, and the location in East Champaran, Bihar, suggests potential for future growth. However, further due diligence is recommended to assess the market value and growth prospects.
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9693532979/9507591883