182.58 sq meter House for Auction in Uran Islampur, Sangli – IOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

182.58 sq meter (≈ 1,965 sq ft)

Reserve price / sq ft

₹824

Locality

Uran Islampur

City

Sangli

State

Maharashtra

Pincode

415407

Address

Uran Islampur, Maharashtra, 415407 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

URAN ISLAMPUR-3668

Auction type

SARFAESI Auction

Borrower

Nikita M***

Auction start

05 Nov 2026, 11:00 AM

Auction end

05 Nov 2026, 03:00 PM

EMD submission deadline

04 Nov 2026, 06:00 PM

Inspection

03 Nov 2026, 07:00 PM – 03 Nov 2026, 10:50 PM

Authorised officer

Santosh Parmar

Officer contact

9867333382

E-auction portal

BAANKNET (Property ID IOBANIKITA)

Price Check

This listing's reserve price works out to ₹824 per sq ft. The average across residential bank auctions in Sangli on our site is ₹7,170 per sq ft, so this one is 89% 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 3 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBANIKITA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 04 Nov 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 5 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.