1,000 sq feet Flat for Auction in Raipur – PNB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

1,000 sq feet (≈ 1,000 sq ft)

Reserve price / sq ft

₹2,720

Locality

—

City

Raipur

State

Chhattisgarh

Pincode

492014

Address

Raipur, Chhattisgarh, 492014 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB RAIPUR 830300

Auction type

SARFAESI Auction

Borrower

KHUSAL B*** V***

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 03:59 PM

Inspection

—

Authorised officer

Pawan Kumar

Officer contact

9770780508

E-auction portal

BAANKNET (Property ID PUNB8303KHUSAL2)

Price Check

This listing's reserve price works out to ₹2,720 per sq ft. The average across residential bank auctions in Raipur on our site is ₹3,046 per sq ft, so this one is 11% 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 (BAANKNET (Property ID PUNB8303KHUSAL2)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 03:59 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.