Jatani House Auction 752027: Individual House (2,919 sq ft) – Reserve ₹40.37 Lakh (27 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Jatani house auction 752027, offered by Bank of India at a reserve of ₹40.37 Lakh. On offer is a individual house in Jatani, Khordha (PIN 752027), with 2,919 sq ft carpet area. The online auction runs on 27 October 2026 (11:00 AM to 5:00 PM) with a reserve price of ₹40,37,000.

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.

Jatani House Auction 752027: Key Highlights

• Reserve price: ₹40,37,000 (₹40.37 Lakh)
• EMD: ₹4,03,700
• Bid increment: ₹50,000
• Auction: 27 October 2026, 11:00 AM to 5:00 PM
• Last date for EMD: 27 October 2026, 4:00 PM
• Location: Jatani, Khordha, Odisha
• Possession: Symbolic

Jatani House Auction 752027 – Complete Details

Auction ID	367526
Bank property ID	BKID556175110000129
Bank	Bank of India
Branch	Bhubaneshwar-Sme
Property type	Residential – Individual House
Carpet area	2,919 sq ft
Locality	Badapadar Ps Tahasil Dist-Khurda Odisha
City / District	Jatani, Khordha
State	Odisha
PIN code	752027
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹40,37,000
EMD	₹4,03,700
Bid increment	₹50,000
Auto-extension	10 minutes per late bid

About the Location – Jatani

This listing falls in Jatani, Khordha, Odisha, postal code 752027. Odisha’s market is led by Bhubaneswar, Cuttack and Rourkela, with mining, steel and port projects supporting long-term growth. The handling branch is Bhubaneshwar-Sme, which is usually the best contact for site visits and local queries.

Is the Jatani House Auction 752027 Worth It?

At the reserve price, the property works out to about ₹1,383 per sq ft of carpet area – compare this with recent resale rates in Jatani before you bid. The EMD of ₹4,03,700 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 Jatani House Auction 752027

• EMD submission opens: 2 October 2026
• Last date for EMD: 27 October 2026, 4:00 PM
• E-auction: 27 October 2026, 11:00 AM to 5:00 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 367526 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8985368533.
4. Pay the EMD of ₹4,03,700 through the BAANKNET wallet before 27 October 2026, 4:00 PM.
5. Log in on 27 October 2026 and bid above the reserve in steps of ₹50,000; 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.

Jatani House Auction 752027: FAQs

More BOI and Odisha Auctions

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

Source: Auction ID 367526 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of India before bidding.