297 sq meter Industrial Plot for Auction in Akot, Akola – CBI

Property Details

Property type

Industrial Plot (Industrial)

Possession

Physical Possession

Area

297 sq meter (≈ 3,196 sq ft)

Reserve price / sq ft

₹903

Locality

Akot

City

Akola

State

Maharashtra

Pincode

444101

Address

Akot, Maharashtra, 444101 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

AKOT-701

Auction type

SARFAESI Auction

Borrower

M/s. G**** P**** U**** P**** J***** B***** P***

Auction start

11 Nov 2026, 10:00 AM

Auction end

11 Nov 2026, 06:00 PM

EMD submission deadline

11 Nov 2026, 05:59 PM

Inspection

—

Authorised officer

SWAPNIL INGLE

Officer contact

7507774170

E-auction portal

BAANKNET (Property ID CBINAKOTGITAI29062026)

Price Check

This listing's reserve price works out to ₹903 per sq ft. The average across industrial bank auctions in Akola on our site is ₹3,729 per sq ft, so this one is 76% 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 CBINAKOTGITAI29062026)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 11 Nov 2026, 05:59 PM. It is refunded if you don't win.
5. Bid online on 11 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.