Plant & Machinery for auction Bokaro Steel City Bokaro 2 Cr Canara Bank

Property for Auction in bokaro, Bokaro, Jharkhand

Recommendation
Calculated OpportunityScore: 5.5
Possession
Symbolic
Reserve Price
2,02,00,000
Reserve Price
2,02,00,000
EMD Required
20,20,000
Property Specifications
Society/BuildingBokaro Steel Employees Co-operative House Construction Society Ltd.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Others
Location IconLocation:
bokaro, Bokaro
Auction Date IconAuction Date:
25-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.5

Auction ID:613705

Bank Name:Canara Bank

Branch Name:REGIONAL OFFICE : Ranchi

Reserve Price:2,02,00,000

EMD:20,20,000

Service Provider:BAANKNET

Important Dates

Submission Date:24-11-2025 05:00 PM

Bid Start Date:25-11-2025 12:00 PM

Property Description

This property, located in Bokaro, Jharkhand, is being auctioned by Canara Bank under the SARFAESI Act. It falls under the 'Others' asset category, indicating a diverse range of potential uses or structures. Situated in the Bokaro area, it offers a strategic location within the city. The property is associated with the borrower M/S DURGA STEEL. Further details regarding the specific nature of this 'Other' property type are available upon request or during the auction viewing period.

State:Jharkhand

City:Bokaro

Area:bokaro

Asset Category:Others

Full Address:Bokaro Steel Employees Co-operative House Construction Society Ltd., Factory at: Industrial Plot No. IV/H-43 (P) & 45 (P), BIADA, Bokaro Steel City, PS- Balidih, Dist: Bokaro Pin-827014, Bokaro Steel City, Bokaro

Building/Society:Bokaro Steel Employees Co-operative House Construction Society Ltd.

Auction Description

Canara Bank is conducting a SARFAESI auction for a property categorized as 'Others' in Bokaro, Jharkhand. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹2,02,00,000, with an Earnest Money Deposit (EMD) of ₹20,20,000 required to participate. This is an excellent opportunity to acquire a property through a transparent bank auction process. Interested bidders are advised to review all auction terms and conditions prior to the auction date.

Borrower Name:M/S DURGA STEEL

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Vijay Kumar, Mrs Chanda Kumari, Miss Shristy Singh

Legal Details

Possession Status:Symbolic

Encumbrance Details:applicable interest & other charges thereon & other charges

Why This Property

This industrial plant presents a calculated opportunity due to its specific nature and location. The reserve price relative to potential industrial use warrants careful consideration. Further due diligence is essential to assess market demand and operational feasibility.

Contact Details

Branch:Branch Office : REGIONAL OFFICE : Ranchi

Service Provider:BAANKNET

Contact Details:

Contact no:6370103938

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