2,613 sq feet House for Auction in Ramgarh, Barughutu, Ramgarh – BOI

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,613 sq feet (≈ 2,613 sq ft)

Reserve price / sq ft

₹1,024

Locality

Ramgarh, Barughutu

City

Ramgarh

State

Jharkhand

Pincode

825316

Address

RAMGARH, Barughutu, Jharkhand, 825316 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

GIDDI-4823

Auction type

SARFAESI Auction

Borrower

LAKSHMI D***

Auction start

26 Nov 2026, 10:00 AM

Auction end

26 Nov 2026, 05:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

25 Nov 2026, 10:00 AM – 25 Nov 2026, 05:00 PM

Authorised officer

VIVEK KUMAR

Officer contact

9934952811

E-auction portal

BAANKNET (Property ID BKID482303)

Price Check

This listing's reserve price works out to ₹1,024 per sq ft. The average across residential bank auctions in Ramgarh on our site is ₹1,428 per sq ft, so this one is 28% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 25 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKID482303)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.