Industrial Plot for Auction in Arang, Raipur – Indian Bank

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Locality

Arang

City

Raipur

State

Chhattisgarh

Pincode

493441

Address

Arang, Chhattisgarh, 493441 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

MANDIR HASSAUD - 2574

Auction type

SARFAESI Auction

Borrower

M/s S***** M*****

Auction start

20 Nov 2026, 10:00 AM

Auction end

20 Nov 2026, 05:00 PM

EMD submission deadline

20 Nov 2026, 05:00 PM

Inspection

04 Nov 2026, 10:00 AM – 19 Nov 2026, 04:00 PM

Authorised officer

HARISH KUMAR SWARNKAR

Officer contact

8962005009

E-auction portal

BAANKNET (Property ID IDIB03296827430)

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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB03296827430)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 05:00 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.