Itanagar House Auction: Individual House (3,552 sq ft) – Reserve ₹1.18 Cr (24 Oct 2026)

The Itanagar house auction listed by Punjab National Bank on the BAANKNET e-auction portal is one of the upcoming house opportunities in Arunachal Pradesh. On offer is a individual house in Itanagar, Itanagar Capital Complex (PIN 791113), with 3,552 sq ft carpet area. The online auction runs on 24 October 2026 (11:00 AM to 4:00 PM) with a reserve price of ₹1,18,00,000.

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.

Itanagar House Auction: Key Highlights

• Reserve price: ₹1,18,00,000 (₹1.18 Cr)
• EMD: ₹11,80,000
• Bid increment: ₹20,000
• Auction: 24 October 2026, 11:00 AM to 4:00 PM
• Last date for EMD: 23 October 2026, 5:01 PM
• Location: Itanagar, Itanagar Capital Complex, Arunachal Pradesh
• Possession: Symbolic

Itanagar House Auction – Complete Details

Auction ID	366332
Bank property ID	PUNB1NP61162477
Bank	Punjab National Bank
Branch	Branch – Circle Office Dibrugarh
Property type	Residential – Individual House
Carpet area	3,552 sq ft
Locality	Vivek Vihar, Itanagar, Papumpare District
City / District	Itanagar, Itanagar Capital Complex
State	Arunachal Pradesh
PIN code	791113
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹1,18,00,000
EMD	₹11,80,000
Bid increment	₹20,000
Auto-extension	5 minutes per late bid

About the Location – Itanagar

The property is located in Itanagar, Itanagar Capital Complex district, Arunachal Pradesh (PIN 791113). Arunachal Pradesh has a small but growing property market around Itanagar and Naharlagun. The handling branch is Branch – Circle Office Dibrugarh, which is usually the best contact for site visits and local queries.

Is the Itanagar House Auction Worth It?

At the reserve price, the property works out to about ₹3,322 per sq ft of carpet area – compare this with recent resale rates in Itanagar before you bid. The EMD of ₹11,80,000 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 Itanagar House Auction

• Inspection window: 29 September 2026, 11:00 AM to 23 October 2026, 5:00 PM
• EMD submission opens: 28 September 2026
• Last date for EMD: 23 October 2026, 5:01 PM
• E-auction: 24 October 2026, 11:00 AM to 4:00 PM
• Auto-extension: 5 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 366332 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7908187339.
4. Pay the EMD of ₹11,80,000 through the BAANKNET wallet before 23 October 2026, 5:01 PM.
5. Log in on 24 October 2026 and bid above the reserve in steps of ₹20,000; 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 buying bank auction houses and villas before you bid.

Itanagar House Auction: FAQs

More PNB and Arunachal Pradesh Auctions

• All Punjab National Bank auction listings
• More house auctions
• Bank auctions in Arunachal Pradesh
• Guide: symbolic vs physical possession explained

Source: Auction ID 366332 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab National Bank before bidding.