Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613646
Bank Name:Bank of India
Branch Name:Hazaribagh
Reserve Price:₹26,75,000
EMD:₹6,68,750
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2024-10-04
Property Description
This is a prime piece of land located in Pargana-Jagesar, Ramgarh, Jharkhand. As a residential asset category, it offers excellent potential for development. The property is being auctioned by the Bank of India under SARFAESI Act. This is a great opportunity to acquire land in a developing region.
State:Jharkhand
City:Ramgarh
Area:Pargana-Jagesar
Asset Category:Residential
Full Address:Mauja: Kuju, Tauji No: 28, Pragna Jageshar, P.S. 154 Mandu, District: Ramgarh, Jagesar, Ramgarh
Size:8.75 Decimal
Auction Description
The Bank of India is conducting a SARFAESI auction for a land parcel in Pargana-Jagesar, Ramgarh, Jharkhand. The auction will commence on November 25, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at ₹26,75,000, with an Earnest Money Deposit (EMD) of ₹6,68,750. This is a significant opportunity for investors and developers.
Borrower Name:Mrs Laxmi Devi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Ramgarh, Jharkhand, this land offers a potentially lucrative investment opportunity. However, prospective buyers should conduct thorough due diligence regarding the location and development potential. The moderate reserve price relative to the location indicates a calculated risk with possible high returns.
Contact Details
Branch:Branch Office : Hazaribagh
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar Gupta
Contact no:8294064989
