Kolhapur House Auction 416013: Individual House (49.39 sq ft) – Reserve ₹6.92 Lakh (9 Oct 2026)

Verified Listing Auction Closed

Property ID: BKN-366154

Kolhapur, Maharashtra View on Map
Bank of India Rajarampuri View Bank Profile
TypeIndependent Houses
Land Area49.39 sq ft
PossessionSymbolic
StatusAuction Sale
Reserve Price₹ 6,92,000
EMD₹ 69,200
Auction Date9 Oct 202610:00 AM to 5:00 PM

Property Description

The Kolhapur house auction 416013 listed by Bank of India on the BAANKNET e-auction portal is one of the upcoming house opportunities in Maharashtra. On offer is a individual house in Kolhapur (PIN 416013), with 49.39 sq ft carpet area. The online auction runs on 9 October 2026 (10:00 AM to 5:00 PM) with a reserve price of ₹6,92,000.

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.

Kolhapur House Auction 416013 – Kolhapur

Kolhapur House Auction 416013: Key Highlights

  • Reserve price: ₹6,92,000 (₹6.92 Lakh)
  • EMD: ₹69,200
  • Bid increment: ₹10,000
  • Auction: 9 October 2026, 10:00 AM to 5:00 PM
  • Last date for EMD: 9 October 2026, 4:00 PM
  • Location: Kolhapur, Maharashtra
  • Possession: Symbolic

Kolhapur House Auction 416013 – Complete Details

Auction ID366154
Bank property IDBKID094775110000176
BankBank of India
BranchRajarampuri
Property typeResidential – Individual House
Carpet area49.39 sq ft
FurnishingUnfurnished
City / DistrictKolhapur
StateMaharashtra
PIN code416013
Type of possessionSymbolic
Type of actionUnder SARFAESI
Reserve price₹6,92,000
EMD₹69,200
Bid increment₹10,000
Auto-extension5 minutes per late bid

About the Location – Kolhapur

This listing falls in Kolhapur, Maharashtra, postal code 416013. Maharashtra is India’s largest real-estate market, led by the Mumbai Metropolitan Region, Pune and Nagpur, and backed by strong industrial corridors such as the Samruddhi Mahamarg and the Mumbai–Pune belt. The handling branch is Rajarampuri, which is usually the best contact for site visits and local queries.

Is the Kolhapur House Auction 416013 Worth It?

At the reserve price, the property works out to about ₹14,011 per sq ft of carpet area – compare this with recent resale rates in Kolhapur before you bid. The EMD of ₹69,200 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 Kolhapur House Auction 416013

  • Inspection window: 28 September 2026, 10:00 AM to 8 October 2026, 5:00 PM
  • EMD submission opens: 27 September 2026
  • Last date for EMD: 9 October 2026, 4:00 PM
  • E-auction: 9 October 2026, 10:00 AM to 5:00 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 366154 and download the sale notice and terms.
  3. Inspect the property during the inspection window by calling the branch contact on 9673154647.
  4. Pay the EMD of ₹69,200 through the BAANKNET wallet before 9 October 2026, 4:00 PM.
  5. Log in on 9 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 buying bank auction houses and villas before you bid.

Kolhapur House Auction 416013: FAQs

What is the reserve price in the Kolhapur house auction 416013?

The reserve price is ₹6,92,000. Bids below the reserve price are not accepted.

When is the Kolhapur house auction 416013 scheduled?

The e-auction is on 9 October 2026 from 10:00 AM to 5:00 PM. The last date for EMD is 9 October 2026, 4:00 PM.

How much EMD is required?

The earnest money deposit is ₹69,200. It is refunded to unsuccessful bidders.

Where is the property located?

It is in Kolhapur, Maharashtra – 416013.

Where can I see the official sale notice?

Search Auction ID 366154 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.

More BOI and Maharashtra Auctions

Source: Auction ID 366154 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.

“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”

Property Details

TypeIndependent Houses
Land Area49.39 sq ft
LocationKolhapur, Kolhapur, Maharashtra
PossessionSymbolic
EncumbrancesPlease refer to the sale notice

Location Map

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Auction Timeline

  1. 27 Sep 2026Auction Notice Published
  2. 28 Sep 2026Inspection Starts
  3. 8 Oct 2026Inspection Ends
  4. 9 Oct 2026Last Date for EMD Submission
  5. 9 Oct 2026, 10:00 AM to 5:00 PMe-Auction (Online Bidding)
  6. Post AuctionHighest Bidder Intimation
  7. 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.

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