40 sq meter House for Auction in Raebareli – IOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

40 sq meter (≈ 430 sq ft)

Reserve price / sq ft

₹4,413

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

Indian Overseas Bank

Branch

RAE BAREILLY-1255

Auction type

SARFAESI Auction

Borrower

SAVITA G***** S****

Auction start

25 Nov 2026, 11:00 AM

Auction end

25 Nov 2026, 03:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

09 Nov 2026, 11:00 AM – 23 Nov 2026, 04:00 PM

Authorised officer

ANUJ MEHROTRA

Officer contact

8925951255

E-auction portal

BAANKNET (Property ID IOBA1255SAVITA)

Price Check

This listing's reserve price works out to ₹4,413 per sq ft. The average across residential bank auctions in Raebareli on our site is ₹2,174 per sq ft, so this one is 103% above 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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA1255SAVITA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 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.