Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612335
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹48,66,000
EMD:₹4,86,600
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:00 AM
Property Description
This offering features a valuable parcel of land located in Jamshedpur, East Singhbhum, Jharkhand. Situated in a developing area, this plot presents a promising opportunity for residential development or investment. The land is being auctioned by the Bank of India. Jamshedpur is known for its industrial significance and growing infrastructure, making this a potentially strategic acquisition.
State:Jharkhand
City:East Singhbhum
Area:Jamshedpur
Asset Category:Residential
Full Address:Near Amaltas City, Khakhripara, Govindpur, P.O. & P.S. Govindpur, Jamshedpur, Dist.-East Singhbhum, Jharkhand, Pin Code-831004, Govindpur, Jamshedpur
Size:3600 Sq.ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a land parcel in Jamshedpur, East Singhbhum, Jharkhand. The auction will take place on November 25, 2025, starting at 10:00 AM and concluding at 05:00 PM on the same day. The reserve price for this property is INR 48,66,000, with an Earnest Money Deposit (EMD) of INR 4,86,600 required to participate. This is a prime opportunity to acquire land through a transparent banking auction process.
Borrower Name:Mr. Prabhat Kumar Ranjan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land with a ground floor construction in a developing locality of Jamshedpur. The reserve price seems reasonable, making it a potentially good investment if the location is desirable. Auction terms should be carefully reviewed before bidding.
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
