Raipur Flat Auction 366630: Flat (1,500 sq ft) – Reserve ₹68.8 Lakh (28 Oct 2026)

Bank of Baroda has put a flat up for sale through the Raipur flat auction 366630, open to all registered bidders on BAANKNET. On offer is a flat in Raipur (PIN 492001), with 1,500 sq ft carpet area. The online auction runs on 28 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹68,80,000.

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.

Raipur Flat Auction 366630: Key Highlights

• Reserve price: ₹68,80,000 (₹68.8 Lakh)
• EMD: ₹6,88,000
• Bid increment: ₹10,000
• Auction: 28 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 28 October 2026, 5:30 PM
• Location: Raipur, Chhattisgarh
• Possession: Physical

Raipur Flat Auction 366630 – Complete Details

Auction ID	366630
Bank property ID	BARB6011202611
Bank	Bank of Baroda
Branch	Regional Sarb, Raipur
Property type	Residential – Flat
Carpet area	1,500 sq ft
Locality	Samta Colony
City / District	Raipur
State	Chhattisgarh
PIN code	492001
Type of possession	Physical
Type of action	Under SARFAESI
Reserve price	₹68,80,000
EMD	₹6,88,000
Bid increment	₹10,000
Auto-extension	10 minutes per late bid

About the Location – Raipur

The property is located in Raipur, Chhattisgarh (PIN 492001). Chhattisgarh’s property demand is concentrated in Raipur, Bhilai-Durg and Bilaspur, supported by steel, power and mining industries. The handling branch is Regional Sarb, Raipur, which is usually the best contact for site visits and local queries.

Is the Raipur Flat Auction 366630 Worth It?

At the reserve price, the property works out to about ₹4,587 per sq ft of carpet area – compare this with recent resale rates in Raipur before you bid. The EMD of ₹6,88,000 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. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the Raipur Flat Auction 366630

• Inspection window: 22 October 2026, 1:00 PM to 22 October 2026, 4:00 PM
• EMD submission opens: 29 September 2026
• Last date for EMD: 28 October 2026, 5:30 PM
• E-auction: 28 October 2026, 2:00 PM to 6:00 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 366630 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9205462515.
4. Pay the EMD of ₹6,88,000 through the BAANKNET wallet before 28 October 2026, 5:30 PM.
5. Log in on 28 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

• Verify the title documents and the society or builder NOC.
• Check pending maintenance, property tax and utility dues.
• Confirm the possession status and whether the flat is occupied.
• Check the approved plan and occupancy certificate for the building.
• Read our tips for buying bank auction flats before you bid.

Raipur Flat Auction 366630: FAQs

More BoB and Chhattisgarh Auctions

• All Bank of Baroda auction listings
• More flat auctions
• Bank auctions in Chhattisgarh
• Guide: home loan for auction property

Source: Auction ID 366630 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.