Plot for auction Basti Khas Basti 10 lakh Indian Overseas Bank

Property for Auction in BastiKhas, Basti, Uttar Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
126.50 Sq.Mtr.
Reserve Price
9,52,800
Reserve Price
9,52,800
EMD Required
95,280
Property Specifications
Size126.50 Sq.Mtr.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
BastiKhas, Basti
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614251

Bank Name:Indian Overseas Bank

Branch Name:Regional Office

Reserve Price:9,52,800

EMD:95,280

Bid Increment:15,000

Auction Time:11:00 AM to 4:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This auction features a parcel of land located in the BastiKhas area of Basti, Uttar Pradesh. The property is categorized as residential and is being auctioned by Indian Overseas Bank under SARFAESI regulations. This is a prime opportunity to acquire land in a developing region.

State:Uttar Pradesh

City:Basti

Area:BastiKhas

Asset Category:Residential

Full Address:Arazi No. 2435, Mauza Basti Khas, Tappa Haveli, Pargana Basti East, Tehsil Basti, District Basti, Basti Khas, Basti

Size:126.50 Sq.Mtr.

Auction Description

Indian Overseas Bank is conducting a SARFAESI auction for a land property in BastiKhas, Basti, Uttar Pradesh. The reserve price for this auction is ₹9,52,800.00, with an EMD of ₹95,280.00. The auction will commence on November 20, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. Bidders are advised to review all auction terms and conditions prior to participation.

Borrower Name:M/s. S. B. Garmente

Auction Type:SARFAESI Auction

Guarantor Names:Mr.Pramod Kumar

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a plot of land in Basti, with a moderate reserve price. While land can be a good investment, potential buyers should carefully assess the location and market conditions before bidding. The terms of the auction appear standard, making it a calculated opportunity for those familiar with the area.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Contact no:8925953014

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