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Industrial Plot SARFAESI Auction Symbolic Possession

12,000 sq feet Industrial Plot for Sale (Bank Auction) in Ramggarh, Bongabar, Ramgarh – BOI

Ramggarh, Bongabar, Ramgarh, Jharkhand · Auction ID #25154

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Industrial Plot photo 1
Indicative Price ₹8,83,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area12,000 sq feet

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
12,000 sq feet (≈ 12,000 sq ft)
Reserve price / sq ft
₹7,358
Locality
Ramggarh, Bongabar
Pincode
829117
Address
RAMGGARH, Bongabar, Jharkhand, 829117 View on map

Description (as per sale notice)

EquitableMo(gageo@ registered lease deed no. 4268 dated 2g107/2010 on the basis ollease hold rights. in the name ofthe Company. Equitable mortgage of land situated at I(hata No. lg. plot No. 2 12. Mandu. Ramgarh ol Area 0.75 Acre in the name of Sri Manoj Kumar Agarwal (now deceased). Sale Deed No. 1730 dated 1c.05.2010. Equitable mofigage of land situated at Khata No. I g. plot No. 2 I 2 Mandu, Ramgarh of Area: 1. I 25 Acre in the name of Sri Sandip Kumar Goel. Sale Deed No. 2731 dated 1 9.05.20 I 0 [Director/Guarantor]. Equitable mortgage of land situated at Khata No. I g. plot No.2l2 Mandu, Ramgarh of Area: 1.125 Acreinthe name of Sri Niraj Kumar Banka [Guarantor]. Sale Deed No. 2732 dated 19.05.2010, now changed to Regd Sale Deed No 613 dated 05.04.2025 now in the name of Bhagwari Vintrade Plt ltd Total Area of Land : 3 Acres

BAANKNET Property ID: BKIDRANBHAGL

Bank & Auction Details

Bank / Lender
Bank of India
Branch
ARB RANCHI
Auction type
SARFAESI Auction
Borrower
M/S B***** V***** P** L**
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹7,358 per sq ft. The average across industrial bank auctions in Ramgarh on our site is ₹2,009 per sq ft, so this one is 266% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BKIDRANBHAGL)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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 Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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