Is it possible to do overlapping bar chart in bokeh like this example in highcharts?
http://www.highcharts.com/demo/column-placement

Yes. You can definitely create this type of chart using Bokeh lower/mid level APIs. That will require some coding to prepare the data and the glyphs. You can create and draw 2 different sources for the background and foreground rects separately. The plotting API docs and the examples on the repo should be helpful.
As a side note, at the moment (0.11 version) the high level Charts API does have a Bar builder function to create Bar charts with just one line but it doesn't support overlapping bars.
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