525 sq ft House for Auction in Durg – Shriram Asset Reconstruction Private Limited

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

525 sq ft

Reserve price / sq ft

₹5,950

Locality

—

City

Durg

State

Chhattisgarh

Address

All that piece and parcel of House situated at Islam Nagar, Supela, total admeasuring area of 525 Sq.ft., together with construction thereon, within the limits of Nagar Palika Nigam, Bhilai Durg Tehsil District Durg (C.G.). Boundaries are as under: East: Farsi Gali, West: Tahir, North: House of Mawali and South: Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Shriram Asset Reconstruction Private Limited

Branch

Burkit Road, T. Nagar

Auction type

SARFAESI Auction

Borrower

Mr. A***** A**

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 02:00 PM

EMD submission deadline

17 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2435734

Price Check

This listing's reserve price works out to ₹5,950 per sq ft. The average across residential bank auctions in Durg on our site is ₹2,465 per sq ft, so this one is 141% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2435734), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,12,400 before 17 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹2,00,000.
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.