Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612329
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹11,39,000
EMD:₹1,13,900
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
Discover a prime parcel of land in Karaikal, Puducherry, offered by the Bank of India. This residential plot presents a compelling investment opportunity in a developing area. Situated in the vibrant region of Puducherry, this land is ideal for building your dream home or for future development. The property is being auctioned under the SARFAESI Act. Don't miss this chance to own a piece of Karaikal.
State:Puducherry
City:Puducherry
Area:Karaikal
Asset Category:Residential
Full Address:Village-Rangring, PO-Bhalupani, Karaikella, Dist.-West Singhbhum, Rangring, Karaikella
Size:3.00 Decimals
Auction Description
The Bank of India invites bids for a valuable land property in Karaikal, Puducherry, through a SARFAESI auction. The auction commences on November 25, 2025, at 10:00 AM and concludes at 05:00 PM on the same day. The reserve price is set at ₹11,39,000, with an Earnest Money Deposit (EMD) of ₹1,13,900 required. This is a unique opportunity to acquire an asset directly from the bank. Bid wisely and secure your investment.
Borrower Name:Shri Gouri Shankar Pradhan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land with some construction in a rural location, offered at a reasonable reserve price. It represents a calculated opportunity for buyers seeking affordable land in West Singhbhum. Auction terms appear standard, making it a viable option for local investors.
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
