Daper House Auction: Individual House (196 sq ft) – Reserve ₹14.5 Lakh (8 Oct 2026)

The Daper house auction listed by Punjab & Sind Bank on the BAANKNET e-auction portal is one of the upcoming house opportunities in Punjab. On offer is a individual house in Daper, Sas Nagar (PIN 140506), with 196 sq ft carpet area. The online auction runs on 8 October 2026 (11:00 AM to 12:00 PM) with a reserve price of ₹14,50,000.

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.

Daper House Auction: Key Highlights

• Reserve price: ₹14,50,000 (₹14.5 Lakh)
• EMD: ₹1,45,000
• Bid increment: ₹15,000
• Auction: 8 October 2026, 11:00 AM to 12:00 PM
• Last date for EMD: 7 October 2026, 5:00 PM
• Location: Daper, Sas Nagar, Punjab
• Possession: Symbolic

Daper House Auction – Complete Details

Auction ID	364151
Bank property ID	PSIB0571
Bank	Punjab & Sind Bank
Branch	Lalru-L0703
Property type	Residential – Individual House
Carpet area	196 sq ft
Locality	Gholu Majra
City / District	Daper, Sas Nagar
State	Punjab
PIN code	140506
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹14,50,000
EMD	₹1,45,000
Bid increment	₹15,000
Auto-extension	10 minutes per late bid

About the Location – Daper

This listing falls in Daper, Sas Nagar, Punjab, postal code 140506. 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 Lalru-L0703, which is usually the best contact for site visits and local queries.

Is the Daper House Auction Worth It?

At the reserve price, the property works out to about ₹7,398 per sq ft of carpet area – compare this with recent resale rates in Daper before you bid. The EMD of ₹1,45,000 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. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Daper House Auction

• Inspection window: 1 October 2026, 12:00 PM to 1 October 2026, 3:00 PM
• EMD submission opens: 22 September 2026
• Last date for EMD: 7 October 2026, 5:00 PM
• E-auction: 8 October 2026, 11:00 AM to 12:00 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 364151 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9810841055.
4. Pay the EMD of ₹1,45,000 through the BAANKNET wallet before 7 October 2026, 5:00 PM.
5. Log in on 8 October 2026 and bid above the reserve in steps of ₹15,000; 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.

Daper House Auction: FAQs

More PSB and Punjab Auctions

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

Source: Auction ID 364151 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab & Sind Bank before bidding.