Dhanbad House Auction: Individual House (0.02 sq ft) – Reserve ₹38.47 Lakh (7 Oct 2026)

Verified Listing Auction Closed

Property ID: BKN-359205

Dhanbad, Jharkhand View on Map
Bank of Baroda Regional Sarb, Ranchi View Bank Profile
TypeIndependent Houses
Land Area0.02 sq ft
PossessionSymbolic
StatusAuction Sale
Reserve Price₹ 38,47,320
EMD₹ 3,84,732
Auction Date7 Oct 20262:00 PM to 6:00 PM

Property Description

The Dhanbad house auction listed by Bank of Baroda on the BAANKNET e-auction portal is one of the upcoming house opportunities in Jharkhand. On offer is a individual house in Dhanbad (PIN 826001), with 0.02 sq ft carpet area. The online auction runs on 7 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹38,47,320.

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.

Dhanbad House Auction – Dhanbad

Dhanbad House Auction: Key Highlights

  • Reserve price: ₹38,47,320 (₹38.47 Lakh)
  • EMD: ₹3,84,732
  • Bid increment: ₹10,000
  • Auction: 7 October 2026, 2:00 PM to 6:00 PM
  • Last date for EMD: 7 October 2026, 5:55 PM
  • Location: Dhanbad, Jharkhand
  • Possession: Symbolic

Dhanbad House Auction – Complete Details

Auction ID359205
Bank property IDBARB59921009202604
BankBank of Baroda
BranchRegional Sarb, Ranchi
Property typeResidential – Individual House
Carpet area0.02 sq ft
LocalityDhanbad
City / DistrictDhanbad
StateJharkhand
PIN code826001
Type of possessionSymbolic
Type of actionUnder SARFAESI
Reserve price₹38,47,320
EMD₹3,84,732
Bid increment₹10,000
Auto-extension10 minutes per late bid

About the Location – Dhanbad

Dhanbad is in Dhanbad district of Jharkhand, under PIN code 826001. Jharkhand’s real estate is concentrated in Ranchi, Jamshedpur, Dhanbad and Bokaro, cities built around mining and steel. The handling branch is Regional Sarb, Ranchi, which is usually the best contact for site visits and local queries.

Is the Dhanbad House Auction Worth It?

At the reserve price, the property works out to about ₹19,23,66,000 per sq ft of carpet area – compare this with recent resale rates in Dhanbad before you bid. The EMD of ₹3,84,732 is 10% of the reserve price and is refunded to unsuccessful bidders. Because the reserve price is fixed from a registered valuer’s report, it is often below the market rate – but factor in transfer costs and any dues before deciding your maximum bid. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Dhanbad House Auction

  • Inspection window: 1 October 2026, 11:00 AM to 6 October 2026, 3:00 PM
  • EMD submission opens: 10 September 2026
  • Last date for EMD: 7 October 2026, 5:55 PM
  • E-auction: 7 October 2026, 2:00 PM to 6:00 PM
  • Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

  1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
  2. Search for Auction ID 359205 and download the sale notice and terms.
  3. Inspect the property during the inspection window by calling the branch contact on 7542032124.
  4. Pay the EMD of ₹3,84,732 through the BAANKNET wallet before 7 October 2026, 5:55 PM.
  5. Log in on 7 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.

Dhanbad House Auction: FAQs

What is the reserve price in the Dhanbad house auction?

The reserve price is ₹38,47,320. Bids below the reserve price are not accepted.

When is the Dhanbad house auction scheduled?

The e-auction is on 7 October 2026 from 2:00 PM to 6:00 PM. The last date for EMD is 7 October 2026, 5:55 PM.

How much EMD is required?

The earnest money deposit is ₹3,84,732. It is refunded to unsuccessful bidders.

Where is the property located?

It is in Dhanbad, Jharkhand – 826001.

Where can I see the official sale notice?

Search Auction ID 359205 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.

More BoB and Jharkhand Auctions

Source: Auction ID 359205 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda 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 Baroda. Interested bidders are advised to inspect the asset and verify all details before participating.”

Property Details

TypeIndependent Houses
Land Area0.02 sq ft
LocationDhanbad, Dhanbad, Jharkhand
PossessionSymbolic
EncumbrancesPlease refer to the sale notice

Location Map

View Larger Map

Auction Timeline

  1. 10 Sep 2026Auction Notice Published
  2. 1 Oct 2026Inspection Starts
  3. 6 Oct 2026Inspection Ends
  4. 7 Oct 2026Last Date for EMD Submission
  5. 7 Oct 2026, 2:00 PM to 6:00 PMe-Auction (Online Bidding)
  6. Post AuctionHighest Bidder Intimation
  7. 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.

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