Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609534
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹7,54,00,000
EMD:₹75,40,000
Bid Increment:₹5,00,000
Auction Time:12:00 Noon to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:02-12-2025 05:00 PM
Bid Start Date:2025-12-03
Property Description
This SARFAESI auction features a prime Land and Building asset in Ranchi, Jharkhand, offered by the State Bank of India. Located in the capital city, this property presents a significant investment opportunity. Previously associated with M/s Hotel ABJ Grand, it falls under the Residential asset category. The auction provides a chance to acquire a substantial property in a developing region. Full details regarding the specific land and building specifications are available through the auction notice.
State:Jharkhand
City:Ranchi
Area:Jharkhand
Asset Category:Residential
Full Address:Plot No. 360, Mouza - Routara, Touzi No. 445, Thana & Anchal-Godda, Thana No. 372, District Sub-Registry Office & District Godda, Jharkhand, Khata No. 43, Plot No. 360, Routara, Godda
Size:11.4 Decimal
Auction Description
State Bank of India presents a SARFAESI auction for a Land and Building property in Ranchi, Jharkhand. The auction has a reserve price of ₹7,54,00,000 and requires an Earnest Money Deposit (EMD) of ₹75,40,000. The auction will be held online on December 3, 2025, commencing at 12:00 PM and concluding at 02:00 PM. This is a unique opportunity to bid on a valuable asset situated in the heart of Jharkhand's capital. Interested parties are advised to review all auction terms and conditions prior to participating.
Borrower Name:M/s Hotel ABJ Grand
Auction Type:SARFAESI Auction
Guarantor Names:Shri Binod Kumar Sah S/o Jogeshwar Sah
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Godda, Jharkhand, with a decent location. The reserve price seems reasonable. Further due diligence is required.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9674710354
