297 sq feet Flat for Auction in Nandanwan Nagpur, Nagpur – BOI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

297 sq feet (≈ 297 sq ft)

Reserve price / sq ft

₹4,306

Locality

Nandanwan Nagpur

City

Nagpur

State

Maharashtra

Pincode

440024

Address

Nandanwan Nagpur, Maharashtra, 440024 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

KADBI CHOWK-8746

Auction type

SARFAESI Auction

Borrower

AWAIS A**** A**** K****

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 05:00 PM

EMD submission deadline

12 Nov 2026, 05:00 PM

Inspection

27 Oct 2026, 11:00 AM – 11 Nov 2026, 04:00 PM

Authorised officer

Ms. Seema Jain Chief Manager

Officer contact

6264611710

E-auction portal

BAANKNET (Property ID BKIDAWAIS)

Price Check

This listing's reserve price works out to ₹4,306 per sq ft. The average across residential bank auctions in Nagpur on our site is ₹6,422 per sq ft, so this one is 33% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 27 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKIDAWAIS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 12 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.