Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613656
Bank Name:Bank of India
Branch Name:Hazaribagh
Reserve Price:₹17,95,000
EMD:₹4,48,750
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:00 AM
Property Description
Bank of India is auctioning a residential plot in Champa, Hazaribagh, Jharkhand. This is a SARFAESI auction for a plot, formerly belonging to Sh Shiv Shankar Prasad Mehta. The property is situated in a developing area, offering a potential opportunity for residential development or investment. The plot is available for sale through a public auction process.
State:Jharkhand
City:Hazaribagh
Area:champa
Asset Category:Residential
Full Address:1566 & 1567, Mauja: Alonja Khurd, Paragna: Champa PS: 49 Ichak, District: Hazaribagh, Champa, Hazaribagh
Size:6.00 Decimel
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential plot located in Champa, Hazaribagh, Jharkhand. The auction will commence on November 25, 2025, at 10:00 AM and conclude on the same day at 5:00 PM. The reserve price for this auction is INR 17,95,000, with an Earnest Money Deposit (EMD) of INR 4,48,750 required to participate. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Sh Shiv Shankar Prasad Mehta
Auction Type:SARFAESI Auction
Guarantor Names:Sh Basant Narayan Mahto
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area. While the location may not be prime, the lower reserve price and auction opportunity present a calculated risk for potential appreciation. Further due diligence is recommended due to limited information.
Contact Details
Branch:Branch Office : Hazaribagh
Service Provider:BAANKNET
Contact Details:
Sushant Kumar
Contact no:9835788809
