2,722.5 sq feet Commercial Building for Auction in Raebareli – Union Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2,722.5 sq feet (≈ 2,722 sq ft)

Reserve price / sq ft

₹1,197

Locality

—

City

Raebareli

State

Uttar Pradesh

Pincode

229001

Address

Raebareli, Uttar Pradesh, 229001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

ARB LUCKNOW-578720

Auction type

SARFAESI Auction

Borrower

M/s. S***** B***** a** C***** t***** i** P***** Mr. S***** S*****

Auction start

13 Nov 2026, 12:00 PM

Auction end

13 Nov 2026, 05:00 PM

EMD submission deadline

13 Nov 2026, 04:59 PM

Inspection

—

Authorised officer

NAVEEN KUMAR SINGH

Officer contact

9767601248

E-auction portal

BAANKNET (Property ID UBINLUCARB7166)

Price Check

This listing's reserve price works out to ₹1,197 per sq ft. The average across commercial bank auctions in Raebareli on our site is ₹2,290 per sq ft, so this one is 48% 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.

Previous Auctions of This Property

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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID UBINLUCARB7166)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Nov 2026, 04:59 PM. It is refunded if you don't win.
5. Bid online on 13 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.