2,100 sq feet Commercial Building for Auction in Teonthar, Rewa – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2,100 sq feet (≈ 2,100 sq ft)

Reserve price / sq ft

₹1,275

Locality

Teonthar

City

Rewa

State

Madhya Pradesh

Pincode

486220

Address

Teonthar, Madhya Pradesh, 486220 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

S.K. H**** (***** Shri S***** K***** S** Shri B***** K*****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 05:00 PM

EMD submission deadline

26 Oct 2026, 11:00 PM

Inspection

—

Authorised officer

Vivek Bodhi

Officer contact

9833382912

E-auction portal

BAANKNET (Property ID PUNBKTNSKH174)

Price Check

This listing's reserve price works out to ₹1,275 per sq ft. The average across commercial bank auctions in Rewa on our site is ₹690 per sq ft, so this one is 85% 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 PUNBKTNSKH174)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Oct 2026, 11:00 PM. It is refunded if you don't win.
5. Bid online on 27 Oct 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.