BOI Jamshedpur Flat Auction: 2 BHK Flat in Ashiana Enclave (748 sq ft) – Reserve ₹19.21 Lakh (12 Nov 2026)
Verified Listing Upcoming
Property ID: BKN-367420
Property Description
The BOI Jamshedpur flat auction listed by Bank of India on the BAANKNET e-auction portal is one of the upcoming flat opportunities in Jharkhand. On offer is a flat in Ashiana Enclave in Jamshedpur, East Singhbhum (PIN 831012), with 748 sq ft built-up and 747 sq ft carpet area. The online auction runs on 12 November 2026 (10:00 AM to 5:00 PM) with a reserve price of ₹19,21,000.
The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.
Table of Contents
Table of Contents
BOI Jamshedpur Flat Auction: Key Highlights
- Reserve price: ₹19,21,000 (₹19.21 Lakh)
- EMD: ₹1,92,100
- Bid increment: ₹10,000
- Auction: 12 November 2026, 10:00 AM to 5:00 PM
- Last date for EMD: 12 November 2026, 4:00 PM
- Location: Jamshedpur, East Singhbhum, Jharkhand
- Possession: Symbolic
BOI Jamshedpur Flat Auction – Complete Details
| Auction ID | 367420 |
| Bank property ID | BKIDRISING |
| Bank | Bank of India |
| Branch | Arb Jamshedpur |
| Property type | Residential – Flat |
| Project / building | Ashiana Enclave |
| Rooms | 2 BHK |
| Built-up area | 748 sq ft |
| Carpet area | 747 sq ft |
| Locality | Mango Dimna Chowk |
| City / District | Jamshedpur, East Singhbhum |
| State | Jharkhand |
| PIN code | 831012 |
| Type of possession | Symbolic |
| Type of action | Under SARFAESI |
| Reserve price | ₹19,21,000 |
| EMD | ₹1,92,100 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Jamshedpur
The property is located in Jamshedpur, East Singhbhum district, Jharkhand (PIN 831012). Jharkhand’s real estate is concentrated in Ranchi, Jamshedpur, Dhanbad and Bokaro, cities built around mining and steel. The handling branch is Arb Jamshedpur, which is usually the best contact for site visits and local queries.
Is the BOI Jamshedpur Flat Auction Worth It?
At the reserve price, the property works out to about ₹2,568 per sq ft of built-up area – compare this with recent resale rates in Jamshedpur before you bid. The EMD of ₹1,92,100 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.
Important Dates for the BOI Jamshedpur Flat Auction
- EMD submission opens: 30 September 2026
- Last date for EMD: 12 November 2026, 4:00 PM
- E-auction: 12 November 2026, 10:00 AM to 5:00 PM
- Auto-extension: 10 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 367420 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9060673719.
- Pay the EMD of ₹1,92,100 through the BAANKNET wallet before 12 November 2026, 4:00 PM.
- Log in on 12 November 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 10 minutes.
The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.
Due Diligence Checklist Before Bidding
- Verify the title documents and the society or builder NOC.
- Check pending maintenance, property tax and utility dues.
- Confirm the possession status and whether the flat is occupied.
- Check the approved plan and occupancy certificate for the building.
- Read our tips for buying bank auction flats before you bid.
BOI Jamshedpur Flat Auction: FAQs
What is the reserve price in the BOI Jamshedpur flat auction?
The reserve price is ₹19,21,000. Bids below the reserve price are not accepted.
When is the BOI Jamshedpur flat auction scheduled?
The e-auction is on 12 November 2026 from 10:00 AM to 5:00 PM. The last date for EMD is 12 November 2026, 4:00 PM.
How much EMD is required?
The earnest money deposit is ₹1,92,100. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Jamshedpur, East Singhbhum, Jharkhand – 831012.
Where can I see the official sale notice?
Search Auction ID 367420 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BOI and Jharkhand Auctions
- All Bank of India auction listings
- More flat auctions
- Bank auctions in Jharkhand
- Guide: home loan for auction property
Source: Auction ID 367420 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of India before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Flats & Apartments |
|---|---|
| Built-up Area | 748 sq ft |
| Location | Jamshedpur, East Singhbhum, East Singhbhum, Jharkhand |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 30 Sep 2026Auction Notice Published
- 12 Nov 2026Last Date for EMD Submission
- 12 Nov 2026, 10:00 AM to 5:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.