Datia Property Auction: Others – Reserve ₹11.78 Lakh (12 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-364183
Property Description
Looking for a property below market price in Datia? The Datia property auction by Canara Bank is scheduled for 12 Oct 2026. On offer is a others in Datia (PIN 475661). The online auction runs on 12 October 2026 (12:00 PM to 2:00 PM) with a reserve price of ₹11,78,000.
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.
Table of Contents
Table of Contents
Datia Property Auction: Key Highlights
- Reserve price: ₹11,78,000 (₹11.78 Lakh)
- EMD: ₹1,17,800
- Bid increment: ₹10,000
- Auction: 12 October 2026, 12:00 PM to 2:00 PM
- Last date for EMD: 11 October 2026, 5:00 PM
- Location: Datia, Madhya Pradesh
- Possession: Physical
Datia Property Auction – Complete Details
| Auction ID | 364183 |
| Bank property ID | CNRBPARASLAND |
| Bank | Canara Bank |
| Branch | Specialised Arm Branch, Bhopal |
| Property type | Other – Others |
| Locality | Datia |
| City / District | Datia |
| State | Madhya Pradesh |
| PIN code | 475661 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹11,78,000 |
| EMD | ₹1,17,800 |
| Bid increment | ₹10,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Datia
This listing falls in Datia, Madhya Pradesh, postal code 475661. Madhya Pradesh offers affordable real estate in Indore, Bhopal, Jabalpur and Gwalior, with Indore in particular known for clean, well-planned growth. The handling branch is Specialised Arm Branch, Bhopal, which is usually the best contact for site visits and local queries.
Is the Datia Property Auction Worth It?
The EMD of ₹1,17,800 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 Datia Property Auction
- EMD submission opens: 22 September 2026
- Last date for EMD: 11 October 2026, 5:00 PM
- E-auction: 12 October 2026, 12:00 PM to 2:00 PM
- Auto-extension: 5 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 364183 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 8989014648.
- Pay the EMD of ₹1,17,800 through the BAANKNET wallet before 11 October 2026, 5:00 PM.
- Log in on 12 October 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 5 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 auction property due diligence checklist before you bid.
Datia Property Auction: FAQs
What is the reserve price in the Datia property auction?
The reserve price is ₹11,78,000. Bids below the reserve price are not accepted.
When is the Datia property auction scheduled?
The e-auction is on 12 October 2026 from 12:00 PM to 2:00 PM. The last date for EMD is 11 October 2026, 5:00 PM.
How much EMD is required?
The earnest money deposit is ₹1,17,800. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Datia, Madhya Pradesh – 475661.
Where can I see the official sale notice?
Search Auction ID 364183 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More Canara Bank and Madhya Pradesh Auctions
- All Canara Bank auction listings
- More property auctions
- Bank auctions in Madhya Pradesh
- Guide: reserve price bidding strategy
Source: Auction ID 364183 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank 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 Canara Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Miscellaneous |
|---|---|
| Location | Datia, Datia, Madhya Pradesh |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 22 Sep 2026Auction Notice Published
- 11 Oct 2026Last Date for EMD Submission
- 12 Oct 2026, 12:00 PM to 2:00 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.