Jatani House Auction: Individual House (2,178 sq ft) – Reserve ₹25.26 Lakh (27 Oct 2026)

The Jatani house auction listed by Bank of India on the BAANKNET e-auction portal is one of the upcoming house opportunities in Odisha. On offer is a individual house in Jatani, Khordha (PIN 752015), with 2,178 sq ft built-up and 1,595 sq ft carpet area. The online auction runs on 27 October 2026 (11:00 AM to 5:00 PM) with a reserve price of ₹25,26,000.

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: Key Highlights

• Reserve price: ₹25,26,000 (₹25.26 Lakh)
• EMD: ₹2,52,600
• 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 – Complete Details

Auction ID	367483
Bank property ID	BKID513275110000109
Bank	Bank of India
Branch	Sastri Nagar
Property type	Residential – Individual House
Built-up area	2,178 sq ft
Carpet area	1,595 sq ft
Locality	Delanga,puri
City / District	Jatani, Khordha
State	Odisha
PIN code	752015
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹25,26,000
EMD	₹2,52,600
Bid increment	₹50,000
Auto-extension	10 minutes per late bid

About the Location – Jatani

Jatani is in Khordha district of Odisha, under PIN code 752015. Odisha’s market is led by Bhubaneswar, Cuttack and Rourkela, with mining, steel and port projects supporting long-term growth. The handling branch is Sastri Nagar, which is usually the best contact for site visits and local queries.

Is the Jatani House Auction Worth It?

At the reserve price, the property works out to about ₹1,160 per sq ft of built-up area – compare this with recent resale rates in Jatani before you bid. The EMD of ₹2,52,600 is 10% of the reserve price and is refunded to unsuccessful bidders. Because the reserve price is fixed from a registered valuer’s report, it is often below the market rate – but factor in transfer costs and any dues before deciding your maximum bid. 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

• 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 367483 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9438456140.
4. Pay the EMD of ₹2,52,600 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: 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 367483 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.