120.58 sq meter Flat for Auction in Kailashpur, Saharanpur – IOB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

120.58 sq meter (≈ 1,297 sq ft)

Reserve price / sq ft

₹1,212

Locality

Kailashpur

City

Saharanpur

State

Uttar Pradesh

Pincode

247001

Address

Kailashpur, Uttar Pradesh, 247001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

SPECIALISED SME - SAHARANPUR-DELHI ROAD-2981

Auction type

SARFAESI Auction

Borrower

MOHD S*****

Auction start

25 Nov 2026, 11:00 AM

Auction end

25 Nov 2026, 04:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

16 Nov 2026, 11:00 AM – 17 Nov 2026, 04:00 PM

Authorised officer

PADMA CHEWANG

Officer contact

8437588103

E-auction portal

BAANKNET (Property ID IOBA2981MOHDSUHAIB)

Price Check

This listing's reserve price works out to ₹1,212 per sq ft. The average across residential bank auctions in Saharanpur on our site is ₹2,786 per sq ft, so this one is 56% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA2981MOHDSUHAIB)), 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.