590 sq feet House for Auction in Integrated Industrial Development Centre Lamtara, Katni – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

590 sq feet (≈ 590 sq ft)

Reserve price / sq ft

₹32,881

Locality

Integrated Industrial Development Centre Lamtara

City

Katni

State

Madhya Pradesh

Pincode

483501

Address

Integrated Industrial Development Centre Lamtara, Madhya Pradesh, 483501 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

BRANCH - CIRCLE OFFICE KATNI

Auction type

SARFAESI Auction

Borrower

M/S P**** S****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 05:00 PM

EMD submission deadline

25 Nov 2026, 11:00 PM

Inspection

—

Authorised officer

VIVEK BODHI

Officer contact

9833382912

E-auction portal

BAANKNET (Property ID PUNBKTNPRIYA3)

Price Check

This listing's reserve price works out to ₹32,881 per sq ft. The average across residential bank auctions in Katni on our site is ₹2,784 per sq ft, so this one is 1081% 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 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 PUNBKTNPRIYA3)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 11:00 PM. It is refunded if you don't win.
5. Bid online on 26 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.