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House SARFAESI Auction Symbolic Possession

200 sq yard House for Auction in Sirhind Fatehgarh Sahib, Fatehgarh Sahib – IOB

Sirhind Fatehgarh Sahib, Fatehgarh Sahib, Punjab · Auction ID #86804

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House for auction in Sirhind Fatehgarh Sahib, Fatehgarh Sahib – IOB – photo 1
Reserve Price ₹1,01,01,010
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Oct 2026, 11:00 AM
EMD Last Date 25 Oct 2026, 05:00 PM
Area200 sq yard
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
200 sq yard (≈ 1,800 sq ft)
Reserve price / sq ft
₹5,612
Locality
Sirhind Fatehgarh Sahib
State
Punjab
Pincode
140407
Address
Sirhind Fatehgarh Sahib, Punjab, 140407 View on map

Description (as per sale notice)

All part and parcel of Double storey residential House no 131, measuring 0-4 Biswa comprised in khata no 39/80, Khasra no 277(11-8) to the extent of 80/4560 share as per jamabandi for the year 2002-2003 situated at Basant Vihar at Rakba village Nasrali, near Sai Mandir, Mandi Gobindgrah, Tehsil Amloh, Distt Fatehgarh Sahib in the name of Paramjit Singh s/o Dalip Singh 200 sq yards, sale deed no 56 dated 13.04.2009 Boundaries as: North: Open Plot 60’-0” South: Saroj Sahi 60’-0” East: Street 30’-0” West: Street 30’-0”

BAANKNET Property ID: IOBA1601Vishwakarma3
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Bank & Auction Details

Branch
MANDI GOBINDGARH-1601
Auction type
SARFAESI Auction
Borrower
VISHWAKARMA S*****
Auction start
26 Oct 2026, 11:00 AM
Auction end
26 Oct 2026, 05:00 PM
EMD submission deadline
25 Oct 2026, 05:00 PM
Inspection
07 Oct 2026, 11:00 AM – 25 Oct 2026, 04:00 PM
Authorised officer
CHETAN MANGLA
Officer contact
8925951601
E-auction portal
BAANKNET (Property ID IOBA1601Vishwakarma3)
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Price Check

This listing's reserve price works out to ₹5,612 per sq ft. The average across residential bank auctions in Fatehgarh Sahib on our site is ₹2,573 per sq ft, so this one is 118% 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 7 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IOBA1601Vishwakarma3)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 25 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 26 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.

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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 Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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