650 sq feet House for Auction in Bhilai, Durg – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

650 sq feet (≈ 650 sq ft)

Reserve price / sq ft

₹3,031

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

Punjab National Bank

Branch

BRANCH - CIRCLE OFFICE RAIPUR

Auction type

SARFAESI Auction

Borrower

Mr. L***** k P*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 04:00 PM

Inspection

05 Oct 2026, 11:00 AM – 05 Oct 2026, 04:00 PM

Authorised officer

MUKESH KUMAR AGRAWAL

Officer contact

9078624428

E-auction portal

BAANKNET (Property ID PUNB6Y647826156)

Price Check

This listing's reserve price works out to ₹3,031 per sq ft. The average across residential bank auctions in Durg on our site is ₹2,410 per sq ft, so this one is 26% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB6Y647826156)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 04:00 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.