House SARFAESI Auction Symbolic Possession

182.58 sq meter House for Auction in Uran Islampur, Sangli – IOB

Uran Islampur, Sangli, Maharashtra · Auction ID #118370

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House for auction in Uran Islampur, Sangli – IOB – photo 1
House for auction in Uran Islampur, Sangli – IOB – photo 2
House for auction in Uran Islampur, Sangli – IOB – photo 3
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Reserve Price ₹12,79,000 21% lower than previous auction (₹16.19 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 11 days
EMD Last Date 25 Nov 2026, 06:00 PM In 10 days
Area182.58 sq meter
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
182.58 sq meter (≈ 1,965 sq ft)
Reserve price / sq ft
₹651
Locality
Uran Islampur
City
Sangli
Pincode
415407
Address
Uran Islampur, Maharashtra, 415407 View on map

Description (as per sale notice)

BAANKNET Property ID: IOBANIKITA
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Bank & Auction Details

Branch
URAN ISLAMPUR-3668
Auction type
SARFAESI Auction
Borrower
Nikita M***
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 03:00 PM
EMD submission deadline
25 Nov 2026, 06:00 PM
Inspection
16 Nov 2026, 11:00 AM – 20 Nov 2026, 03:00 PM
Authorised officer
Sanket Parmar
Officer contact
9867333382
E-auction portal
BAANKNET (Property ID IOBANIKITA)
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Price Check

This listing's reserve price works out to ₹651 per sq ft. The average across residential bank auctions in Sangli on our site is ₹7,170 per sq ft, so this one is 91% 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

Auction dateReserve price
26 Nov 2026₹12,79,000This auction
05 Nov 2026₹16,19,000View

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 IOBANIKITA)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 25 Nov 2026, 06:00 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 Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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