2,100 sq ft Flat for Auction in Nagpur – Chola

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

2,100 sq ft

Reserve price / sq ft

₹3,143

Locality

—

City

Nagpur

State

Maharashtra

Pincode

440024

Address

All that piece parcel of RCC Superstructure bearing Apt. No. 401, adm. 121.237 Sq. Mt., (Super Built up area) on Fourth Floor in building known and style as SHRIPAD PARADISE with 16.667percent undivided share in land bearing Plot No. 49, adm. 195.10 Sq. Mt. (2100.00 Sq. Ft.) thereon construction bearing Municipal Construction House No. 3185/D/49, situated at Ward No. 20, out of Kh. No. 70/1 of Mouza. Dighori, bearing City Survey No. 292, Sheet No. 452/53, P.H. No. 34, out of layout of Sai Sevashram Gruh Nirman Sahakari Sanstha Ltd., within the limits of Nagpur Municipal Corporation and Nagpur Improvement Trust, Tahsil & Dist. Nagpur 440024 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Guindy

Auction type

SARFAESI Auction

Borrower

M/s. H***** B*****

Auction start

25 Nov 2026, 11:00 AM

Auction end

25 Nov 2026, 12:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2450628

Price Check

This listing's reserve price works out to ₹3,143 per sq ft. The average across residential bank auctions in Nagpur on our site is ₹6,448 per sq ft, so this one is 51% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2450628), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,60,000 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.