Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

House SARFAESI Auction Symbolic Possession

3,022 sq feet House for Sale (Bank Auction) in Soren Bazar, Nayabazar, Soreng – SBI

Soren Bazar, Nayabazar, Soreng, Sikkim · Auction ID #52649

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Indicative Price ₹62,57,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area3,022 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
3,022 sq feet (≈ 3,022 sq ft)
Reserve price / sq ft
₹2,070
Locality
Soren Bazar, Nayabazar
City
Soreng
State
Sikkim
Pincode
737121
Address
Soren Bazar, Nayabazar, Sikkim, 737121 View on map

Description (as per sale notice)

All that piece and parcel of lease hold land measuring 1321 Sq Ft with a four storied building standing thereon, situated at Soren Bazar, below community Hall, Singling block, Soreng Ellaka & Revenue Office, P.O. + P.S. Soreng Bazar, West Disricst (Gyaishing), Sikkim, PIN 737121 Vide lease order NO.424/TP/S/W/UD&HD dated 11.01.2006 registered in the office of Sub-Registrar, West (Gyalshing), District Collectorate vide Book No.4 Volume No.II, Item No.136 for the year 2006-2007 & Joint Secretary, Urban Development, Govt of Sikkim registered on dated 25.01.2006 in the name of Shri Sailesh Srestha.

BAANKNET Property ID: SBIN10137150

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB SILIGURI-10137
Auction type
SARFAESI Auction
Borrower
Sri S***** S*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,070 per sq ft. The average across residential bank auctions in Soreng on our site is ₹2,070 per sq ft, so this one is 0% 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 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 SBIN10137150)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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

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