120.83 sq meter House for Auction in Saharanpur – IOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

120.83 sq meter (≈ 1,300 sq ft)

Reserve price / sq ft

₹2,853

Locality

—

City

Saharanpur

State

Uttar Pradesh

Pincode

247001

Address

Saharanpur, Uttar Pradesh, 247001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

SPECIALISED SME - SAHARANPUR-DELHI ROAD-2981

Auction type

SARFAESI Auction

Borrower

SACHIN R*****

Auction start

16 Oct 2026, 11:00 AM

Auction end

16 Oct 2026, 04:00 PM

EMD submission deadline

15 Oct 2026, 05:00 PM

Inspection

22 Sep 2026, 11:00 AM – 23 Sep 2026, 04:00 PM

Authorised officer

Padma Chhewang

Officer contact

8437588103

E-auction portal

BAANKNET (Property ID IOBA2981SACHINRASTOGI)

Price Check

This listing's reserve price works out to ₹2,853 per sq ft. The average across residential bank auctions in Saharanpur on our site is ₹2,786 per sq ft, so this one is 2% 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 22 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA2981SACHINRASTOGI)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 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.