0.07 hectare Land for Auction in Korba – CFM ARC

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

0.07 hectare (≈ 7,857 sq ft)

Reserve price / sq ft

₹204

Locality

—

City

Korba

State

Chhattisgarh

Address

All that piece and parcel of land bearing Part of Khasra No. 339/ I 'q, total admeasuring area Of 0.073 Hectare, situated at - Mouza — Mudhali, Old P.H. No. 35, New No. 52, R.N.M.- Dipka, Tehsil Katghora & District Korba (C.G.). Bounded by: - East by — Land of Leela Ram, West by — House of Santosh Kashyap, North by — Land of Manaua and South by — Mudhali Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

CFM Asset Reconstruction

Branch

CFMARC Trust - 207

Auction type

SARFAESI Auction

Borrower

Mr. R***** K*****

Auction start

21 Nov 2026, 11:00 AM

Auction end

21 Nov 2026, 12:00 PM

EMD submission deadline

20 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹204 per sq ft. The average across land & agricultural bank auctions in Korba on our site is ₹203 per sq ft, so this one is 0% 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 (open notice).
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 (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,60,000 before 20 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 21 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
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.