3,049 sq feet House for Auction in Sundargarh – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

3,049 sq feet (≈ 3,049 sq ft)

Reserve price / sq ft

₹2,066

Locality

—

City

Sundargarh

State

Odisha

Pincode

770001

Address

Sundargarh, Odisha, 770001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SUNDARGARH - 2087

Auction type

SARFAESI Auction

Borrower

SHIBAJI N*** A** S***** N***

Auction start

14 Oct 2026, 11:00 AM

Auction end

14 Oct 2026, 05:00 PM

EMD submission deadline

14 Oct 2026, 04:00 PM

Inspection

21 Sep 2026, 10:00 AM – 13 Oct 2026, 05:00 PM

Authorised officer

BIDYASAGAR MURMU

Officer contact

9778077701

E-auction portal

BAANKNET (Property ID IDIB7907895184S)

Price Check

This listing's reserve price works out to ₹2,066 per sq ft. The average across residential bank auctions in Sundargarh on our site is ₹7,233 per sq ft, so this one is 71% 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 21 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB7907895184S)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 14 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 14 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.