Mango Plot Auction: Plot (1,800 sq ft) – Reserve ₹43.37 Lakh (9 Oct 2026)

The Mango plot auction listed by Canara Bank on the BAANKNET e-auction portal is one of the upcoming residential plot opportunities in Jharkhand. On offer is a plot in Mango, East Singhbhum (PIN 831012), with 1,800 sq ft carpet area. The online auction runs on 9 October 2026 (12:00 PM to 2:00 PM) with a reserve price of ₹43,36,500.

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.

Mango Plot Auction: Key Highlights

• Reserve price: ₹43,36,500 (₹43.37 Lakh)
• EMD: ₹4,33,650
• Bid increment: ₹20,000
• Auction: 9 October 2026, 12:00 PM to 2:00 PM
• Last date for EMD: 8 October 2026, 5:00 PM
• Location: Mango, East Singhbhum, Jharkhand
• Possession: Symbolic

Mango Plot Auction – Complete Details

Auction ID	357169
Bank property ID	CNRB7908KALYANI
Bank	Canara Bank
Branch	Specialized Arm Branch, Ranchi
Property type	Residential – Plot
Carpet area	1,800 sq ft
Locality	Mango
City / District	Mango, East Singhbhum
State	Jharkhand
PIN code	831012
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹43,36,500
EMD	₹4,33,650
Bid increment	₹20,000
Auto-extension	5 minutes per late bid

About the Location – Mango

This listing falls in Mango, East Singhbhum, Jharkhand, postal code 831012. Jharkhand’s real estate is concentrated in Ranchi, Jamshedpur, Dhanbad and Bokaro, cities built around mining and steel. The handling branch is Specialized Arm Branch, Ranchi, which is usually the best contact for site visits and local queries.

Is the Mango Plot Auction Worth It?

At the reserve price, the property works out to about ₹2,409 per sq ft of carpet area – compare this with recent resale rates in Mango before you bid. The EMD of ₹4,33,650 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. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Mango Plot Auction

• Inspection window: 10 September 2026, 10:00 AM to 7 October 2026, 5:00 PM
• EMD submission opens: 9 September 2026
• Last date for EMD: 8 October 2026, 5:00 PM
• E-auction: 9 October 2026, 12:00 PM to 2:00 PM
• Auto-extension: 5 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 357169 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 6370103938.
4. Pay the EMD of ₹4,33,650 through the BAANKNET wallet before 8 October 2026, 5:00 PM.
5. Log in on 9 October 2026 and bid above the reserve in steps of ₹20,000; each late bid extends the auction by 5 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 chain.
• Confirm land use or zoning and road access on site.
• Check the survey sketch, boundaries and any encroachment.
• Verify that property tax and other local dues are clear.
• Read our auction property due diligence checklist before you bid.

Mango Plot Auction: FAQs

More Canara Bank and Jharkhand Auctions

• All Canara Bank auction listings
• More residential plot auctions
• Bank auctions in Jharkhand
• Guide: reserve price bidding strategy

Source: Auction ID 357169 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.