Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612334
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹25,78,000
EMD:₹2,57,800
Bid Increment:₹10,000
Auction Time:10.00 A.M. to 05.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime land parcel located in Jamshedpur, East Singhbhum, Jharkhand. The property is being auctioned by the Bank of India under the SARFAESI Act. It is a residential land, offering potential for development. The auction presents a great opportunity to acquire land in a well-established area.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:121, Vastu Vihar, Duplex No. 121, Vastu Vihar, Baliguma, Mango, Jamshedpur, Baliguma, Mango, Jamshedpur
Building/Society:Vastu Vihar
Size:750 Sq.ft.
Auction Description
Bank of India is conducting an SARFAESI auction for a land property in Jamshedpur, East Singhbhum, Jharkhand. The auction will take place on November 25, 2025, from 10:00 AM to 5:00 PM. The reserve price for this residential land is INR 25,78,000, with an Earnest Money Deposit (EMD) of INR 2,57,800. This auction is an opportunity to purchase land directly from the bank.
Borrower Name:Mr. Ranveer Pratap Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity given its land size and location in Jamshedpur. While not a prime investment, the reserve price might be attractive. Potential investors should carefully assess the locality and consider the terms of the bank auction.
Contact Details
Branch:Branch Office : Asset Recovery Department
Service Provider:BAANKNET
Contact Details:
Mr. Bimal Prasad Singh / Mr. Rajat Kumar Singh
Contact no:8451805554/8340206730
