1,200 sq yard House for Auction in Meerut – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,200 sq yard (≈ 10,800 sq ft)

Reserve price / sq ft

₹2,000

Locality

—

City

Meerut

State

Uttar Pradesh

Pincode

250001

Address

Meerut, Uttar Pradesh, 250001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM LARGE DELHI - 1582

Auction type

DRT Auction

Borrower

Abha S*****

Auction start

20 Nov 2026, 03:00 PM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

05 Nov 2026, 11:00 AM – 06 Nov 2026, 04:00 PM

Authorised officer

RAKESH PRATAP SINGH

Officer contact

8840228815

E-auction portal

BAANKNET (Property ID IDIBMERRUTABHA)

Price Check

This listing's reserve price works out to ₹2,000 per sq ft. The average across residential bank auctions in Meerut on our site is ₹4,280 per sq ft, so this one is 53% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBMERRUTABHA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.