43.8 sq meter Commercial Building for Auction in Nandgaonpeth Midc, Amravati – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

43.8 sq meter (≈ 471 sq ft)

Reserve price / sq ft

₹5,413

Locality

Nandgaonpeth Midc

City

Amravati

State

Maharashtra

Pincode

444901

Address

Nandgaonpeth MIDC, Maharashtra, 444901 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

AMRAVATI-KHAPARDE BAGICHA

Auction type

SARFAESI Auction

Borrower

M/s S**** G*****

Auction start

16 Nov 2026, 11:00 AM

Auction end

16 Nov 2026, 01:00 PM

EMD submission deadline

15 Nov 2026, 11:59 PM

Inspection

03 Nov 2026, 07:00 AM – 10 Nov 2026, 05:00 PM

Authorised officer

KAPIL WANKAHDE

Officer contact

9823631866

E-auction portal

BAANKNET (Property ID MAHBSINDHSHOP112)

Price Check

This listing's reserve price works out to ₹5,413 per sq ft. The average across commercial bank auctions in Amravati on our site is ₹4,670 per sq ft, so this one is 16% 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 3 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHBSINDHSHOP112)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Nov 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 16 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.