25,820 sq feet Residential Plot for Auction in Katni, Katni – SBI

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

25,820 sq feet (≈ 25,820 sq ft)

Reserve price / sq ft

₹525

Locality

Katni

City

Katni

State

Madhya Pradesh

Pincode

483504

Address

Katni, Madhya Pradesh, 483504 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB JABALPUR-10008

Auction type

SARFAESI Auction

Borrower

Mahamaya I*****

Auction start

29 Oct 2026, 11:00 AM

Auction end

29 Oct 2026, 04:00 PM

EMD submission deadline

29 Oct 2026, 02:00 PM

Inspection

21 Oct 2026, 11:00 AM – 22 Oct 2026, 04:00 PM

Authorised officer

ANKIT KUMAR GUPTA

Officer contact

9579221433

E-auction portal

BAANKNET (Property ID SBIN200000872289)

Price Check

This listing's reserve price works out to ₹525 per sq ft. The average across residential bank auctions in Katni on our site is ₹2,784 per sq ft, so this one is 81% 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 21 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200000872289)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Oct 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 29 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.