Bokaro Steel City Villa Auction: Villa in Arya Vihar Homemakers,jasmine Bunglow (1,241 sq ft) – Reserve ₹36 Lakh (16 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-365056
Property Description
Looking for a villa below market price in Bokaro Steel City? The Bokaro Steel City villa auction by State Bank of India is scheduled for 16 Oct 2026. On offer is a villa in Arya Vihar Homemakers,jasmine Bunglow in Bokaro Steel City, Bokaro (PIN 827012), with 1,241 sq ft built-up and 993 sq ft carpet area. The online auction runs on 16 October 2026 (11:00 AM to 4:00 PM) with a reserve price of ₹36,00,000.
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
Bokaro Steel City Villa Auction: Key Highlights
- Reserve price: ₹36,00,000 (₹36 Lakh)
- EMD: ₹3,60,000
- Bid increment: ₹10,000
- Auction: 16 October 2026, 11:00 AM to 4:00 PM
- Last date for EMD: 16 October 2026, 3:50 PM
- Location: Bokaro Steel City, Bokaro, Jharkhand
- Possession: Physical
Bokaro Steel City Villa Auction – Complete Details
| Auction ID | 365056 |
| Bank property ID | SBIN41861187787 |
| Bank | State Bank of India |
| Branch | Sarb Ranchi |
| Property type | Residential – Villa |
| Project / building | Arya Vihar Homemakers,jasmine Bunglow |
| Built-up area | 1,241 sq ft |
| Carpet area | 993 sq ft |
| Locality | Arya Vihar Bari-Co-Oprative,bokaro-827012 |
| City / District | Bokaro Steel City, Bokaro |
| State | Jharkhand |
| PIN code | 827012 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹36,00,000 |
| EMD | ₹3,60,000 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Bokaro Steel City
This listing falls in Bokaro Steel City, Bokaro, Jharkhand, postal code 827012. Jharkhand’s real estate is concentrated in Ranchi, Jamshedpur, Dhanbad and Bokaro, cities built around mining and steel. The handling branch is Sarb Ranchi, which is usually the best contact for site visits and local queries.
Is the Bokaro Steel City Villa Auction Worth It?
At the reserve price, the property works out to about ₹2,901 per sq ft of built-up area – compare this with recent resale rates in Bokaro Steel City before you bid. The EMD of ₹3,60,000 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Bokaro Steel City Villa Auction
- Inspection window: 1 October 2026, 10:00 AM to 15 October 2026, 4:00 PM
- EMD submission opens: 27 September 2026
- Last date for EMD: 16 October 2026, 3:50 PM
- E-auction: 16 October 2026, 11:00 AM to 4:00 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 365056 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9674710354.
- Pay the EMD of ₹3,60,000 through the BAANKNET wallet before 16 October 2026, 3:50 PM.
- Log in on 16 October 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
- Obtain the encumbrance certificate and verify the title.
- Check pending property tax, electricity and water dues.
- Confirm the possession status and whether the property is occupied.
- Verify the approved plan and the condition of the building.
- Read our buying bank auction houses and villas before you bid.
Bokaro Steel City Villa Auction: FAQs
What is the reserve price in the Bokaro Steel City villa auction?
The reserve price is ₹36,00,000. Bids below the reserve price are not accepted.
When is the Bokaro Steel City villa auction scheduled?
The e-auction is on 16 October 2026 from 11:00 AM to 4:00 PM. The last date for EMD is 16 October 2026, 3:50 PM.
How much EMD is required?
The earnest money deposit is ₹3,60,000. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Bokaro Steel City, Bokaro, Jharkhand – 827012.
Where can I see the official sale notice?
Search Auction ID 365056 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More SBI and Jharkhand Auctions
- All State Bank of India auction listings
- More villa auctions
- Bank auctions in Jharkhand
- Guide: symbolic vs physical possession explained
Source: Auction ID 365056 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with State 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 State Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Villas |
|---|---|
| Built-up Area | 1241 sq ft |
| Location | Bokaro Steel City, Bokaro, Bokaro, Jharkhand |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 27 Sep 2026Auction Notice Published
- 1 Oct 2026Inspection Starts
- 15 Oct 2026Inspection Ends
- 16 Oct 2026Last Date for EMD Submission
- 16 Oct 2026, 11:00 AM to 4:00 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.