BoB Amritsar House Auction 143001: Individual House (80 sq ft) – Reserve ₹26.6 Lakh (7 Oct 2026)

The BoB Amritsar house auction 143001 listed by Bank of Baroda on the BAANKNET e-auction portal is one of the upcoming house opportunities in Punjab. On offer is a individual house in Amritsar (PIN 143001), with 80 sq ft carpet area. The online auction runs on 7 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹26,60,400.

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.

BoB Amritsar House Auction 143001: Key Highlights

• Reserve price: ₹26,60,400 (₹26.6 Lakh)
• EMD: ₹2,66,040
• Bid increment: ₹10,000
• Auction: 7 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 7 October 2026, 6:00 PM
• Location: Amritsar, Punjab
• Possession: Symbolic

BoB Amritsar House Auction 143001 – Complete Details

Auction ID	361900
Bank property ID	BARB169120260003
Bank	Bank of Baroda
Branch	Majith Mandi
Property type	Residential – Individual House
Carpet area	80 sq ft
City / District	Amritsar
State	Punjab
PIN code	143001
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹26,60,400
EMD	₹2,66,040
Bid increment	₹10,000
Auto-extension	10 minutes per late bid

About the Location – Amritsar

The property is located in Amritsar, Punjab (PIN 143001). Punjab’s property demand is spread across Ludhiana, Jalandhar, Amritsar, Mohali and Patiala, supported by agriculture, small industry and a large NRI population. The handling branch is Majith Mandi, which is usually the best contact for site visits and local queries.

Is the BoB Amritsar House Auction 143001 Worth It?

At the reserve price, the property works out to about ₹33,255 per sq ft of carpet area – compare this with recent resale rates in Amritsar before you bid. The EMD of ₹2,66,040 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the BoB Amritsar House Auction 143001

• EMD submission opens: 17 September 2026
• Last date for EMD: 7 October 2026, 6:00 PM
• E-auction: 7 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 361900 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7087115313.
4. Pay the EMD of ₹2,66,040 through the BAANKNET wallet before 7 October 2026, 6:00 PM.
5. Log in on 7 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.

BoB Amritsar House Auction 143001: FAQs

More BoB and Punjab Auctions

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

Source: Auction ID 361900 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.