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Flat SARFAESI Auction Symbolic Possession

871 sq feet Flat for Auction in Ranchi – Indian Bank

Ranchi, Jharkhand · Auction ID #86509

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Flat for auction in Ranchi – Indian Bank – photo 1
Flat for auction in Ranchi – Indian Bank – photo 2
Flat for auction in Ranchi – Indian Bank – photo 3
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Reserve Price ₹24,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 28 Oct 2026, 11:00 AM
EMD Last Date 27 Oct 2026, 05:00 PM
Area871 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
871 sq feet (≈ 871 sq ft)
Reserve price / sq ft
₹2,755
Locality
—
City
Ranchi
Pincode
834005
Address
Ranchi, Jharkhand, 834005 View on map

Description (as per sale notice)

Flat No. 305 having super built up area of 1025 sq ft on the 3rd Floor of building 'Krishna Tower' being portion of Plot No. 499, under Khata No. 24, situated at Mouza - Bariatu, p.S Bariatu, Thana No. 141, Within Ward No. 33, District- Ranchi

BAANKNET Property ID: IDIB7586148393
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Bank & Auction Details

Bank / Lender
Indian Bank
Branch
ASHOKNAGAR, RANCHI - 7110
Auction type
SARFAESI Auction
Borrower
Hema D**
Auction start
28 Oct 2026, 11:00 AM
Auction end
28 Oct 2026, 04:00 PM
EMD submission deadline
27 Oct 2026, 05:00 PM
Inspection
08 Oct 2026, 10:00 AM – 27 Oct 2026, 04:00 PM
Authorised officer
Dhirendra Kumar
Officer contact
9530718003
E-auction portal
BAANKNET (Property ID IDIB7586148393)
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Price Check

This listing's reserve price works out to ₹2,755 per sq ft. The average across residential bank auctions in Ranchi on our site is ₹2,882 per sq ft, so this one is 4% 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 8 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IDIB7586148393)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 27 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 28 Oct 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 Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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