477 sq feet Flat for Auction in Korba – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

477 sq feet (≈ 477 sq ft)

Reserve price / sq ft

₹2,327

Locality

—

City

Korba

State

Chhattisgarh

Pincode

495677

Address

Korba, Chhattisgarh, 495677 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

KORBA-2490

Auction type

SARFAESI Auction

Borrower

HITENDTRA K**** T*****

Auction start

16 Oct 2026, 12:00 PM

Auction end

16 Oct 2026, 02:00 PM

EMD submission deadline

16 Oct 2026, 11:00 AM

Inspection

14 Sep 2026, 10:00 AM – 15 Oct 2026, 05:00 PM

Authorised officer

BARUN EKKA

Officer contact

8826363151

E-auction portal

BAANKNET (Property ID CNRB000249003)

Price Check

This listing's reserve price works out to ₹2,327 per sq ft. The average across residential bank auctions in Korba on our site is ₹2,162 per sq ft, so this one is 8% 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 14 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB000249003)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Oct 2026, 11:00 AM. 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.