721 sq feet Flat for Auction in Shree Nagar Square, Narendra Nagar, Nagpur, Nagpur – BOI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

721 sq feet (≈ 721 sq ft)

Reserve price / sq ft

₹4,675

Locality

Shree Nagar Square, Narendra Nagar, Nagpur

City

Nagpur

State

Maharashtra

Pincode

440015

Address

Shree Nagar Square, Narendra Nagar, Nagpur, Maharashtra, 440015 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

RANA PRATAPNAGAR-8722

Auction type

SARFAESI Auction

Borrower

Raviprasad B***** P*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 05:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

05 Nov 2026, 11:00 AM – 25 Nov 2026, 04:00 PM

Authorised officer

Ms Purnima Dubey Sr Manager

Officer contact

8299871496

E-auction portal

BAANKNET (Property ID BKIDPANDEY)

Price Check

This listing's reserve price works out to ₹4,675 per sq ft. The average across residential bank auctions in Nagpur on our site is ₹6,448 per sq ft, so this one is 27% 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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKIDPANDEY)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 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.