5,450 sq ft Land & Building for Auction in Raipur – Shriram Asset Reconstruction Private Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

5,450 sq ft

Reserve price / sq ft

₹689

Locality

—

City

Raipur

State

Chhattisgarh

Address

All that piece and parcel of Diverted land bearing Part of Khasra No.612, total admeasuring area of 5450 Sq.ft. (506.505 Sq.mtrs.), together with construction thereon, situated at Part of Plot No.01, Mouza Sandari, Sheet No.05, P.H. No.46, R.N.M. Koni, within the limits of Nagar Palik Nigam Durg, Tehsil & District Bilaspur (C.G.). Bounded by: East by: Remaining land of Seller, West by: Land of Shrungar City, North by: Khasara No.613 and South by: Land of Shrungar City & Nistari Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Shriram Asset Reconstruction Private Limited

Branch

Burkit Road, T. Nagar

Auction type

SARFAESI Auction

Borrower

Mr. Md Y**** H*****

Auction start

03 Oct 2026, 11:00 AM

Auction end

03 Oct 2026, 02:00 PM

EMD submission deadline

02 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402988

Price Check

This listing's reserve price works out to ₹689 per sq ft. The average across residential bank auctions in Raipur on our site is ₹3,028 per sq ft, so this one is 77% 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 (bankauctions.in (4Closure) · Listing 2402988), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,75,232 before 02 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 3 Oct 2026 starting above the reserve price, in multiples of ₹2,00,000.
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.