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Commercial Building SARFAESI Auction Symbolic Possession

25,493.17 sq meter Commercial Building for Auction in Nagpur – BOM

Nagpur, Maharashtra · Auction ID #112363

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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 ₹6,20,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 11:00 AM In 4 days
EMD Last Date 18 Nov 2026, 02:00 PM In 4 days
Area25,493.17 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
25,493.17 sq meter (≈ 2,74,405 sq ft)
Reserve price / sq ft
₹226
Locality
—
City
Nagpur
Pincode
440035
Address
Nagpur, Maharashtra, 440035 View on map

Description (as per sale notice)

All that piece and parcel of Non-Agricultural Land bearing Plot No.2,3,4,5,6,7 & 8 at Being a portion of entire land bearing Khasra no. 16/1 and 16/2, P. H. No. 58 of Mouza - Ambazari within the limits of Tahsil Hingna and District Nagpur Mortgaged by Mrs. Pallavi Pravin Lute, Mrs. Shraddha Bhalchandra Mane, Mrs. Chhaya Kailash Chute & Mrs. Kavita Sudam Gadhawe and the said plots is bounded as under:- Boundaries Plot No.2 Towards East: Plot No.1 Towards West: Plot No.3 Towards North: Road Towards South: 9.00 Mts Wide Road Boundaries Plot No.3 Towards East: Plot No.2 Towards West: Plot No.4 Towards North: Road Towards South: 9.00 Mts Wide Road Boundaries Plot No.4 Towards East: Plot No.3 Towards West: Plot No.5 Towards North: Road Towards South: 9.00 Mts Wide Road Boundaries Plot No.5 Towards East: Plot No.4 Towards West: Road Towards North: Road Towards South: 9.00 Mts Wide Road Boundaries Plot No.6 Towards East: 15.00 Mtrs Wide Road Towards West: Plot No.7 Towards North: 9.00 Mtrs Wide Road Towards South: Plot No.11 Boundaries Plot No.7 Towards East: Plot No.6 Towards West: Plot No.8 Towards North: 9.00 Mtrs Wide Road Towards South: Plot No.12 Boundaries Plot No.8 Towards East: Plot No.7 Towards West: Plot No.8 Towards North: 9.00 Mtrs Wide Road Towards South: Plot No.13 (Symbolic Possession) KNOWN ENCUMBRANCE NA

BAANKNET Property ID: MAHBMFSHPLOT02TO08
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
NAGPUR-SITABULDI
Auction type
SARFAESI Auction
Borrower
1. M/s M***** A*** P***** L*****
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
Kailash Ahirwar
Officer contact
9425864342
E-auction portal
BAANKNET (Property ID MAHBMFSHPLOT02TO08)
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Price Check

This listing's reserve price works out to ₹226 per sq ft. The average across commercial bank auctions in Nagpur on our site is ₹7,754 per sq ft, so this one is 97% 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 (BAANKNET (Property ID MAHBMFSHPLOT02TO08)), 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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