50 sq yard House for Auction in Chandigarh – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

50 sq yard (≈ 450 sq ft)

Reserve price / sq ft

₹12,333

Locality

—

City

Chandigarh

State

Chandigarh

Pincode

160003

Address

Chandigarh, 160003 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

CHANDIGARH SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/S K***** T***** CO

Auction start

17 Oct 2026, 11:30 AM

Auction end

17 Oct 2026, 12:30 PM

EMD submission deadline

16 Oct 2026, 05:00 PM

Inspection

12 Oct 2026, 03:00 PM – 13 Oct 2026, 05:00 PM

Authorised officer

DHARMENDRA VERMA

Officer contact

8727971300

E-auction portal

BAANKNET (Property ID CNRB318931457KTCBEHLANA)

Price Check

This listing's reserve price works out to ₹12,333 per sq ft. The average across residential bank auctions in Chandigarh on our site is ₹14,045 per sq ft, so this one is 12% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB318931457KTCBEHLANA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 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.