Ranchi Flat Auction 834003: Flat (1,290 sq ft) – Reserve ₹42.78 Lakh (6 Oct 2026)

The Ranchi flat auction 834003 listed by Punjab National Bank on the BAANKNET e-auction portal is one of the upcoming flat opportunities in Jharkhand. On offer is a flat in Ranchi (PIN 834003), with 1,290 sq ft carpet area. The online auction runs on 6 October 2026 (11:00 AM to 4:00 PM) with a reserve price of ₹42,78,500.

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.

Ranchi Flat Auction 834003: Key Highlights

• Reserve price: ₹42,78,500 (₹42.78 Lakh)
• EMD: ₹4,27,850
• Bid increment: ₹1,00,000
• Auction: 6 October 2026, 11:00 AM to 4:00 PM
• Last date for EMD: 5 October 2026, 4:00 PM
• Location: Ranchi, Jharkhand
• Possession: Symbolic

Ranchi Flat Auction 834003 – Complete Details

Auction ID	364528
Bank property ID	PUNBEE461251177
Bank	Punjab National Bank
Branch	Armb Ranchi 679400
Property type	Residential – Flat
Carpet area	1,290 sq ft
City / District	Ranchi
State	Jharkhand
PIN code	834003
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹42,78,500
EMD	₹4,27,850
Bid increment	₹1,00,000
Auto-extension	10 minutes per late bid

About the Location – Ranchi

The property is located in Ranchi, Jharkhand (PIN 834003). Jharkhand’s real estate is concentrated in Ranchi, Jamshedpur, Dhanbad and Bokaro, cities built around mining and steel. The handling branch is Armb Ranchi 679400, which is usually the best contact for site visits and local queries.

Is the Ranchi Flat Auction 834003 Worth It?

At the reserve price, the property works out to about ₹3,317 per sq ft of carpet area – compare this with recent resale rates in Ranchi before you bid. The EMD of ₹4,27,850 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 Ranchi Flat Auction 834003

• Inspection window: 24 September 2026, 11:00 AM to 4 October 2026, 4:00 PM
• EMD submission opens: 23 September 2026
• Last date for EMD: 5 October 2026, 4:00 PM
• E-auction: 6 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

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 364528 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7300705205.
4. Pay the EMD of ₹4,27,850 through the BAANKNET wallet before 5 October 2026, 4:00 PM.
5. Log in on 6 October 2026 and bid above the reserve in steps of ₹1,00,000; 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.

Ranchi Flat Auction 834003: FAQs

More PNB and Jharkhand Auctions

• All Punjab National Bank auction listings
• More flat auctions
• Bank auctions in Jharkhand
• Guide: home loan for auction property

Source: Auction ID 364528 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab National Bank before bidding.