Flat SARFAESI Auction

1,400 sq ft Flat for Auction in Howrah – IndusInd

Howrah, West Bengal · Auction ID #5214

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Reserve Price ₹69,30,000
EMD (Earnest Money)₹6,93,000
Bid Increment₹50,000
Auction Date 27 Oct 2026, 11:30 AM In 26 days
EMD Last Date 26 Oct 2026, 05:00 PM In 25 days
Area1,400 sq ft

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
1,400 sq ft
Reserve price / sq ft
₹4,950
Locality
—
City
Howrah

Description (as per sale notice)

All that Flat Nos. F & H measuring about 1400 Sq. Ft. (Covered Area) on the 2nd Floor of the Building built and constructed at or upon the Plot of Land Measuring about 13 Cottahs lying and situated at Municipal Premises No. 89, Salkia School Road (as per Deed) under P.S.- Golabari in the District-Howrah within the limits of Howrah Municipal Corporation. ***The details/description of the property are more specifically mentioned in the Registered Deed No. 3492 dated 21-11-1988 lying in the name of Mrs. Gyani Devi Mittal.

Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
Indusind Bank Limited, Regional Office, Kolkata - BO
Auction type
SARFAESI Auction
Borrower
M/s S***** U**** & A*****
Auction start
27 Oct 2026, 11:30 AM
Auction end
27 Oct 2026, 12:30 PM
EMD submission deadline
26 Oct 2026, 05:00 PM
Inspection
28 Sep 2026, 03:30 PM – 28 Sep 2026, 04:30 PM
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹4,950 per sq ft. The average across residential bank auctions in Howrah on our site is ₹3,171 per sq ft, so this one is 56% 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 (open notice).
  2. Inspect the property on 28 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹6,93,000 before 26 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 27 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
  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.

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 IndusInd Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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