350.99 sq feet Flat for Auction in Bhilai, Durg – Chhattisgarh Rajya Gramin Bank

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

350.99 sq feet (≈ 350 sq ft)

Reserve price / sq ft

₹1,086

Locality

Bhilai

City

Durg

State

Chhattisgarh

Pincode

491001

Address

Bhilai, Chhattisgarh, 491001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Chhattisgarh Rajya Gramin Bank

Branch

NPA DEPARTMENT-DURG BRANCH

Auction type

SARFAESI Auction

Borrower

SANGEETA A***** W** S***** A*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 03:00 PM

Inspection

21 Sep 2026, 12:02 PM – 05 Oct 2026, 04:00 PM

Authorised officer

BITRA RAMA KRISHNA PRASAD

Officer contact

6232032195

E-auction portal

BAANKNET (Property ID CRGB7034796240)

Price Check

This listing's reserve price works out to ₹1,086 per sq ft. The average across residential bank auctions in Durg on our site is ₹2,410 per sq ft, so this one is 55% 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 21 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CRGB7034796240)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 6 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.