Bharuch Agricultural Land Auction: Agriculture Land – Reserve ₹1.02 Cr (30 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-366923
Property Description
Bank of India has put a agricultural land up for sale through the Bharuch agricultural land auction, open to all registered bidders on BAANKNET. On offer is a agriculture land in Bharuch (PIN 392011). The online auction runs on 30 October 2026 (12:00 PM to 1:30 PM) with a reserve price of ₹1,02,00,000.
The property is being sold under DRT 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.
Table of Contents
Table of Contents
Bharuch Agricultural Land Auction: Key Highlights
- Reserve price: ₹1,02,00,000 (₹1.02 Cr)
- EMD: ₹10,20,000
- Bid increment: ₹50,000
- Auction: 30 October 2026, 12:00 PM to 1:30 PM
- Last date for EMD: 29 October 2026, 5:00 PM
- Location: Bharuch, Gujarat
- Possession: Symbolic
Bharuch Agricultural Land Auction – Complete Details
| Auction ID | 366923 |
| Bank property ID | BKID2920DRTMAADAIRY |
| Bank | Bank of India |
| Branch | Arb Surat |
| Property type | Agriculture – Agriculture Land |
| Locality | Agriculture Land Plus Construction |
| City / District | Bharuch |
| State | Gujarat |
| PIN code | 392011 |
| Type of possession | Symbolic |
| Type of action | Under DRT |
| Reserve price | ₹1,02,00,000 |
| EMD | ₹10,20,000 |
| Bid increment | ₹50,000 |
| Auto-extension | 3 minutes per late bid |
About the Location – Bharuch
Bharuch is in Bharuch district of Gujarat, under PIN code 392011. 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 Arb Surat, which is usually the best contact for site visits and local queries.
Is the Bharuch Agricultural Land Auction Worth It?
The EMD of ₹10,20,000 is 10% of the reserve price and is refunded to unsuccessful bidders. Because the reserve price is fixed from a registered valuer’s report, it is often below the market rate – but factor in transfer costs and any dues before deciding your maximum bid. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.
Important Dates for the Bharuch Agricultural Land Auction
- Inspection window: 3 October 2026, 11:00 AM to 3 October 2026, 2:00 PM
- EMD submission opens: 30 September 2026
- Last date for EMD: 29 October 2026, 5:00 PM
- E-auction: 30 October 2026, 12:00 PM to 1:30 PM
- Auto-extension: 3 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 366923 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9924869768.
- Pay the EMD of ₹10,20,000 through the BAANKNET wallet before 29 October 2026, 5:00 PM.
- Log in on 30 October 2026 and bid above the reserve in steps of ₹50,000; each late bid extends the auction by 3 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 chain.
- Confirm land use or zoning and road access on site.
- Check the survey sketch, boundaries and any encroachment.
- Verify that property tax and other local dues are clear.
- Read our auction property due diligence checklist before you bid.
Bharuch Agricultural Land Auction: FAQs
What is the reserve price in the Bharuch agricultural land auction?
The reserve price is ₹1,02,00,000. Bids below the reserve price are not accepted.
When is the Bharuch agricultural land auction scheduled?
The e-auction is on 30 October 2026 from 12:00 PM to 1:30 PM. The last date for EMD is 29 October 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹10,20,000. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Bharuch, Gujarat – 392011.
Where can I see the official sale notice?
Search Auction ID 366923 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BOI and Gujarat Auctions
- All Bank of India auction listings
- More agricultural land auctions
- Bank auctions in Gujarat
- Guide: reserve price bidding strategy
Source: Auction ID 366923 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of India before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Agricultural Land |
|---|---|
| Location | Bharuch, Bharuch, Gujarat |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 30 Sep 2026Auction Notice Published
- 3 Oct 2026Inspection Starts
- 3 Oct 2026Inspection Ends
- 29 Oct 2026Last Date for EMD Submission
- 30 Oct 2026, 12:00 PM to 1:30 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.