1,000 sq feet Commercial Building for Auction in Kathaura, Amethi – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1,000 sq feet (≈ 1,000 sq ft)

Reserve price / sq ft

₹1,274

Locality

Kathaura

City

Amethi

State

Uttar Pradesh

Pincode

227809

Address

Kathaura, Uttar Pradesh, 227809 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

JAGDISHPUR - 6094

Auction type

SARFAESI Auction

Borrower

M/s V***** F***** (***** F**** P**** Mr. V***** S***** (*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 03:30 PM

EMD submission deadline

18 Nov 2026, 02:00 PM

Inspection

02 Nov 2026, 11:30 AM – 16 Nov 2026, 05:00 PM

Authorised officer

Sunil Vairagi

Officer contact

9993065951

E-auction portal

BAANKNET (Property ID IDIBLUK2709J514)

Price Check

This listing's reserve price works out to ₹1,274 per sq ft. The average across commercial bank auctions in Amethi on our site is ₹1,941 per sq ft, so this one is 34% 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 2 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBLUK2709J514)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.