Commercial Building SARFAESI Auction Physical Possession

16.53 sq meter Commercial Building for Auction in Nagpur – BOM

Nagpur, Maharashtra · Auction ID #108063

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Commercial Building for auction in Nagpur – BOM – photo 1
Commercial Building for auction in Nagpur – BOM – photo 2
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Reserve Price ₹18,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 11:00 AM In 3 days
EMD Last Date 18 Nov 2026, 02:00 PM In 3 days
Area16.53 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
16.53 sq meter (≈ 177 sq ft)
Reserve price / sq ft
₹10,116
Locality
—
City
Nagpur
Pincode
440014
Address
Nagpur, Maharashtra, 440014 View on map

Description (as per sale notice)

Block/Unit No. S-13 covering Built-up Area 16.536 Sq. Mtrs., on the Second Floor in the Building known and styled as "Ginger Square" situated at Main Bus Stop, Jaripatka, Nagpur, Built on NMC Land admeasurements 5983.00 Sq. Mtrs., bearing City Survey No. 1049, Sheet No. 29 & 23 of Mouza- Jaripatka, within city limits of Nagpur Municipal Corporation and Nagpur Improvement Trust, Nagpur and Tah & District Nagpur, is bounded as under :- North- Facing Opening Shop, East- Wall of S-14, West- Facing Opening Shop,

BAANKNET Property ID: MAHBGAURAVPETROLEUMS13
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
ASSETRECOVERYBRANCH,NAGPUR-1452
Auction type
SARFAESI Auction
Borrower
Gaurav P*****
Auction start
18 Nov 2026, 11:00 AM
Auction end
18 Nov 2026, 03:00 PM
EMD submission deadline
18 Nov 2026, 02:00 PM
Inspection
—
Authorised officer
RAHUL KHAPARDE
Officer contact
9860741699
E-auction portal
BAANKNET (Property ID MAHBGAURAVPETROLEUMS13)
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Price Check

This listing's reserve price works out to ₹10,116 per sq ft. The average across commercial bank auctions in Nagpur on our site is ₹7,754 per sq ft, so this one is 30% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHBGAURAVPETROLEUMS13)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 02:00 PM. It is refunded if you don't win.
  5. Bid online on 18 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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