1,131 sq feet Flat for Auction in Potyakala, Bhilai, Durg – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,131 sq feet (≈ 1,131 sq ft)

Reserve price / sq ft

₹1,238

Locality

Potyakala, Bhilai

City

Durg

State

Chhattisgarh

Pincode

491001

Address

Potyakala, Bhilai, Chhattisgarh, 491001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB RAIPUR-10009

Auction type

SARFAESI Auction

Borrower

MRS T*** T***** W** SHRI P***** T*****

Auction start

12 Oct 2026, 11:00 AM

Auction end

12 Oct 2026, 04:00 PM

EMD submission deadline

12 Oct 2026, 02:00 PM

Inspection

14 Sep 2026, 11:00 AM – 09 Oct 2026, 04:00 PM

Authorised officer

RAKTIM CHOUDHURY

Officer contact

8458805424

E-auction portal

BAANKNET (Property ID SBINTT12102026)

Price Check

This listing's reserve price works out to ₹1,238 per sq ft. The average across residential bank auctions in Durg on our site is ₹2,410 per sq ft, so this one is 49% 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 14 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINTT12102026)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Oct 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.