487 sq feet Flat for Auction in Raipur – PNB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

487 sq feet (≈ 487 sq ft)

Reserve price / sq ft

₹1,949

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

BRANCH - CIRCLE OFFICE RAIPUR

Auction type

SARFAESI Auction

Borrower

Mr. Y***** P***** S****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 04:00 PM

EMD submission deadline

27 Oct 2026, 04:00 PM

Inspection

26 Oct 2026, 11:00 AM – 26 Oct 2026, 03:00 PM

Authorised officer

PRIYANK CHOPRA

Officer contact

9827975521

E-auction portal

BAANKNET (Property ID PUNB1XR62214941)

Price Check

This listing's reserve price works out to ₹1,949 per sq ft. The average across residential bank auctions in Raipur on our site is ₹3,046 per sq ft, so this one is 36% 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 26 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB1XR62214941)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.