Residential Plot SARFAESI Auction Symbolic Possession

1,400 sq feet Residential Plot for Auction in Bhilai, Durg – PNB

Bhilai, Durg, Chhattisgarh · Auction ID #117518

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Residential Plot for auction in Bhilai, Durg – PNB – photo 1
Residential Plot for auction in Bhilai, Durg – PNB – photo 2
Residential Plot for auction in Bhilai, Durg – PNB – photo 3
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Reserve Price ₹14,70,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 12 days
EMD Last Date 25 Nov 2026, 04:00 PM In 11 days
Area1,400 sq feet
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Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
1,400 sq feet (≈ 1,400 sq ft)
Reserve price / sq ft
₹1,050
Locality
Bhilai
City
Durg
Pincode
490026
Address
Bhilai, Chhattisgarh, 490026 View on map

Description (as per sale notice)

BAANKNET Property ID: PUNBABA40416574
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Bank & Auction Details

Branch
BRANCH - CIRCLE OFFICE RAIPUR
Auction type
SARFAESI Auction
Borrower
Santosh K**** T*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 04:00 PM
EMD submission deadline
25 Nov 2026, 04:00 PM
Inspection
25 Nov 2026, 11:00 AM – 25 Nov 2026, 03:00 PM
Authorised officer
SATISH CHANDRA
Officer contact
9560045725
E-auction portal
BAANKNET (Property ID PUNBABA40416574)
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Price Check

This listing's reserve price works out to ₹1,050 per sq ft. The average across residential bank auctions in Durg on our site is ₹2,465 per sq ft, so this one is 57% 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 25 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNBABA40416574)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 25 Nov 2026, 04:00 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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