Land for auction Anchal Gamharia Seraikella Kharswan 11 lakh Bank of India

This auction features a parcel of land located in Anchal Gamharia, Seraikella Kharswan, Jharkhand. The property is categorized as residential land, offering a potential opportunity for development or personal use. Situated in a developing area, it presents a canvas for prospective buyers to realize their vision. The land is being auctioned by the Bank of India under the SARFAESI Act.

The Bank of India is conducting a SARFAESI auction for a residential land property in Anchal Gamharia, Seraikella Kharswan, Jharkhand. The auction has a reserve price of ₹11,16,000 and requires an EMD of ₹1,11,600. Bidders can participate in the online auction which commences on November 25, 2025, at 10:00 AM and concludes at 5:00 PM on the same day. This is a significant opportunity for those looking to invest in land in the Seraikella Kharswan region.

The property is a vacant land in a developing location with a moderate reserve price. The location may offer potential for future appreciation, but due diligence is needed to assess local market conditions. Given the auction terms and location, it represents a calculated investment opportunity.