Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610391
Bank Name:Bank of Baroda
Branch Name:ROSARB - Patna
Reserve Price:₹38,50,000
EMD:₹3,85,000
Bid Increment:₹50,000
Auction Time:13:00 PM to 17:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This is a prime parcel of land located in Sheikhopursarai, Sheikhpura, Bihar. Suitable for residential development, this property offers a significant investment opportunity in a growing region. The land is being auctioned by Bank of Baroda under SARFAESI proceedings.
State:Bihar
City:Sheikhpura
Area:Sheikhopursarai
Asset Category:Residential
Full Address:Mauza-Nimi Shekhopur Sarai, Sheikhpura, Sheikhopursarai, Sheikhpura
Auction Description
Bank of Baroda presents a SARFAESI auction for a substantial piece of land in Sheikhopursarai, Sheikhpura, Bihar. The auction will commence on November 24, 2025, at 01:00 PM and conclude at 05:00 PM on the same day. The reserve price is set at ₹38,50,000, with an Earnest Money Deposit (EMD) of ₹3,85,000 required. This is a unique chance to acquire land from M/s Kisan Agro Enterprises' former holdings.
Borrower Name:M/s Kisan Agro Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Radhey Sharma, Shree Krishna Kumar, Mr. Piyush Kumar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Sheikhpura presents a calculated opportunity due to its developing location and reasonable reserve price. While the auction terms are standard, potential investors should thoroughly assess the land's legal standing and growth prospects. The symbolic possession status introduces a moderate degree of risk.
Contact Details
Branch:Branch Office : ROSARB - Patna
Service Provider:BAANKNET
Contact Details:
Contact no:0612-2260079
