Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609535
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹7,80,00,000
EMD:₹78,00,000
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 auction features a significant land and building asset located in Ranchi, Jharkhand. Classified under the residential category, this property is offered by the State Bank of India. It presents a unique opportunity for investment or development in a prime location. The details of the land size and building specifications will be available in the auction documents.
State:Jharkhand
City:Ranchi
Area:Jharkhand
Asset Category:Residential
Full Address:Mouza Routara, Mouza No. 372, Ward No. 03, Touzi No. 445, Thana & Anchal Godda Nagar subdivision, District Sub-registry Office & District - Godda, Jharkhand, Dag No. 360, Khata No. 43, 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 ₹7,80,00,000 and requires an Earnest Money Deposit (EMD) of ₹78,00,000. The auction will take place on December 3, 2025, commencing at 12:00 PM and concluding at 02:00 PM. Interested bidders are advised to review all terms and conditions.
Borrower Name:M/s ABJ Complex
Auction Type:SARFAESI Auction
Guarantor Names:Shri Binod Kumar Sah S/o Jogeshwar Sah, Smt. Juli Devi W/o Shri Binod Kumar Sah, Smt. Sunaina Devi W/o Late Shri Krishna Mohan Sah
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Godda, Jharkhand, and its relatively high reserve price. While it offers potential for development, a thorough market assessment is recommended before bidding. The symbolic possession status adds a layer of complexity.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9674710354
