653.4 sq feet Residential Plot for Auction in Kantabanji, Balangir – Indian Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

653.4 sq feet (≈ 653 sq ft)

Reserve price / sq ft

₹1,377

Locality

Kantabanji

City

Balangir

State

Odisha

Pincode

767039

Address

Kantabanji, Odisha, 767039 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

CHATUANKA - 5401

Auction type

SARFAESI Auction

Borrower

LAXMI S***** P***** A*****

Auction start

28 Sep 2026, 11:34 AM

Auction end

28 Sep 2026, 05:00 PM

EMD submission deadline

28 Sep 2026, 03:05 PM

Inspection

17 Sep 2026, 10:00 AM – 25 Sep 2026, 05:33 PM

Authorised officer

SOUMYA DARSHAN SAHU

Officer contact

7389399189

E-auction portal

BAANKNET (Property ID IDIB50270048510S)

Price Check

This listing's reserve price works out to ₹1,377 per sq ft. The average across residential bank auctions in Balangir on our site is ₹1,205 per sq ft, so this one is 14% 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 17 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB50270048510S)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 03:05 PM. It is refunded if you don't win.
5. Bid online on 28 Sep 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.