Flat SARFAESI Auction Symbolic Possession

2,250 sq feet Flat for Auction in Banarsi, Raipur – PNB

Banarsi, Raipur, Chhattisgarh · Auction ID #8009

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Reserve Price ₹8,90,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 06 Oct 2026, 11:00 AM In 5 days
EMD Last Date 06 Oct 2026, 04:00 PM In 5 days
Area2,250 sq feet

Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
2,250 sq feet (≈ 2,250 sq ft)
Reserve price / sq ft
₹396
Locality
Banarsi
City
Raipur
Pincode
492015
Address
Banarsi, Chhattisgarh, 492015 View on map

Description (as per sale notice)

BAANKNET Property ID: PUNB7484001

Bank & Auction Details

Branch
BRANCH - CIRCLE OFFICE RAIPUR
Auction type
SARFAESI Auction
Borrower
Ajay K**** S***
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
AMIT KUMAR PANDEY
Officer contact
9425886925

Price Check

This listing's reserve price works out to ₹396 per sq ft. The average across residential bank auctions in Raipur on our site is ₹3,028 per sq ft, so this one is 87% 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 5 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNB7484001)), 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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