Gurugram Property Auction 122001: Others – Reserve ₹5.78 Lakh (12 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-366557
Property Description
Here is a fresh bank e-auction worth tracking: the Gurugram property auction 122001, offered by State Bank of India at a reserve of ₹5.78 Lakh. On offer is a others in Gurugram (PIN 122001). The online auction runs on 12 October 2026 (10:00 AM to 4:00 PM) with a reserve price of ₹5,78,000.
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
Gurugram Property Auction 122001: Key Highlights
- Reserve price: ₹5,78,000 (₹5.78 Lakh)
- EMD: ₹57,800
- Bid increment: ₹10,000
- Auction: 12 October 2026, 10:00 AM to 4:00 PM
- Last date for EMD: 10 October 2026, 11:30 PM
- Location: Gurugram, Haryana
- Possession: Physical
Gurugram Property Auction 122001 – Complete Details
| Auction ID | 366557 |
| Bank property ID | SBIN01234567891 |
| Bank | State Bank of India |
| Branch | Racpc Gurgaon |
| Property type | Other – Others |
| Locality | Gurgaon |
| City / District | Gurugram |
| State | Haryana |
| PIN code | 122001 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹5,78,000 |
| EMD | ₹57,800 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Gurugram
The property is located in Gurugram, Haryana (PIN 122001). Haryana benefits from its proximity to Delhi, with Gurugram, Faridabad, Sonipat and Panipat seeing steady demand for homes and commercial space. The handling branch is Racpc Gurgaon, which is usually the best contact for site visits and local queries.
Is the Gurugram Property Auction 122001 Worth It?
The EMD of ₹57,800 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. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Gurugram Property Auction 122001
- Inspection window: 9 October 2026, 10:00 AM to 9 October 2026, 4:00 PM
- EMD submission opens: 29 September 2026
- Last date for EMD: 10 October 2026, 11:30 PM
- E-auction: 12 October 2026, 10:00 AM to 4:00 PM
- Auto-extension: 10 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 366557 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9720041666.
- Pay the EMD of ₹57,800 through the BAANKNET wallet before 10 October 2026, 11:30 PM.
- Log in on 12 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 auction property due diligence checklist before you bid.
Gurugram Property Auction 122001: FAQs
What is the reserve price in the Gurugram property auction 122001?
The reserve price is ₹5,78,000. Bids below the reserve price are not accepted.
When is the Gurugram property auction 122001 scheduled?
The e-auction is on 12 October 2026 from 10:00 AM to 4:00 PM. The last date for EMD is 10 October 2026, 11:30 PM.
How much EMD is required?
The earnest money deposit is ₹57,800. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Gurugram, Haryana – 122001.
Where can I see the official sale notice?
Search Auction ID 366557 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More SBI and Haryana Auctions
- All State Bank of India auction listings
- More property auctions
- Bank auctions in Haryana
- Guide: reserve price bidding strategy
Source: Auction ID 366557 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with State 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 State Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Miscellaneous |
|---|---|
| Location | Gurugram, Gurugram, Haryana |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 29 Sep 2026Auction Notice Published
- 9 Oct 2026Inspection Starts
- 9 Oct 2026Inspection Ends
- 10 Oct 2026Last Date for EMD Submission
- 12 Oct 2026, 10:00 AM to 4:00 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.