Baben House Auction 394345: Individual House (40.18 sq ft) – Reserve ₹6.23 Lakh (28 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Baben house auction 394345, offered by Bank of Baroda at a reserve of ₹6.23 Lakh. On offer is a individual house in Baben, Surat (PIN 394345), with 40.18 sq ft carpet area. The online auction runs on 28 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹6,23,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Baben House Auction 394345: Key Highlights

• Reserve price: ₹6,23,000 (₹6.23 Lakh)
• EMD: ₹62,300
• Bid increment: ₹10,000
• Auction: 28 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 28 October 2026, 6:00 PM
• Location: Baben, Surat, Gujarat
• Possession: Physical

Baben House Auction 394345 – Complete Details

Auction ID	366666
Bank property ID	BARBAKU006779
Bank	Bank of Baroda
Branch	Puna,surat
Property type	Residential – Individual House
Carpet area	40.18 sq ft
City / District	Baben, Surat
State	Gujarat
PIN code	394345
Type of possession	Physical
Type of action	Under SARFAESI
Reserve price	₹6,23,000
EMD	₹62,300
Bid increment	₹10,000
Auto-extension	10 minutes per late bid

About the Location – Baben

This listing falls in Baben, Surat, Gujarat, postal code 394345. Gujarat combines a strong manufacturing base with fast-growing cities such as Ahmedabad, Surat, Vadodara and Rajkot, which keeps demand steady for homes, shops and industrial plots. The handling branch is Puna,surat, which is usually the best contact for site visits and local queries.

Is the Baben House Auction 394345 Worth It?

At the reserve price, the property works out to about ₹15,505 per sq ft of carpet area – compare this with recent resale rates in Baben before you bid. The EMD of ₹62,300 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the Baben House Auction 394345

• Inspection window: 1 October 2026, 6:00 PM to 28 October 2026, 1:00 PM
• EMD submission opens: 1 October 2026
• Last date for EMD: 28 October 2026, 6:00 PM
• E-auction: 28 October 2026, 2:00 PM to 6:00 PM
• Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 366666 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 6359909817.
4. Pay the EMD of ₹62,300 through the BAANKNET wallet before 28 October 2026, 6:00 PM.
5. Log in on 28 October 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our buying bank auction houses and villas before you bid.

Baben House Auction 394345: FAQs

More BoB and Gujarat Auctions

• All Bank of Baroda auction listings
• More house auctions
• Bank auctions in Gujarat
• Guide: symbolic vs physical possession explained

Source: Auction ID 366666 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.