Commercial Building SARFAESI Auction Physical Possession

318 sq feet Commercial Building for Auction in Bargarwa, Ranchi – IDBI

Bargarwa, Ranchi, Jharkhand · Auction ID #117754

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Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 1
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 2
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 3
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 4
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 5
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 6
Commercial Building for auction in Bargarwa, Ranchi – IDBI – photo 7
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Reserve Price ₹35,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 11:00 AM In 4 days
EMD Last Date 19 Nov 2026, 11:00 AM In 4 days
Area318 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
318 sq feet (≈ 318 sq ft)
Reserve price / sq ft
₹11,164
Locality
Bargarwa
City
Ranchi
Pincode
834010
Address
Bargarwa, Jharkhand, 834010 View on map

Description (as per sale notice)

BAANKNET Property ID: IBKL178197088522
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Bank & Auction Details

Bank / Lender
IDBI Bank
Branch
Chhotkipona
Auction type
SARFAESI Auction
Borrower
Hari P***** S*****
Auction start
19 Nov 2026, 11:00 AM
Auction end
19 Nov 2026, 01:00 PM
EMD submission deadline
19 Nov 2026, 11:00 AM
Inspection
12 Nov 2026, 11:00 AM – 12 Nov 2026, 01:00 PM
Authorised officer
Kunal Kumar Tirkey
Officer contact
9431369848
E-auction portal
BAANKNET (Property ID IBKL178197088522)
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Price Check

This listing's reserve price works out to ₹11,164 per sq ft. The average across commercial bank auctions in Ranchi on our site is ₹7,497 per sq ft, so this one is 49% above 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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IBKL178197088522)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 11:00 AM. It is refunded if you don't win.
  5. Bid online on 19 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with IDBI Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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