42.85 sq meter Commercial Building for Auction in At Dreamland Business Park On Nh No.06 Nagpur Road Borgaon Amravati, Amravati – PNB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

42.85 sq meter (≈ 461 sq ft)

Reserve price / sq ft

₹1,366

Locality

At Dreamland Business Park On Nh No.06 Nagpur Road Borgaon Amravati

City

Amravati

State

Maharashtra

Pincode

444605

Address

AT DREAMLAND BUSINESS PARK ON NH NO.06 NAGPUR ROAD BORGAON AMRAVATI, Maharashtra, 444605 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB NAGPUR 679500

Auction type

SARFAESI Auction

Borrower

M/s N***** E** H*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

25 Nov 2026, 11:59 PM

Inspection

—

Authorised officer

ARMB NAGPUR

Officer contact

9960950750

E-auction portal

BAANKNET (Property ID PUNB6795B3215)

Price Check

This listing's reserve price works out to ₹1,366 per sq ft. The average across commercial bank auctions in Amravati on our site is ₹4,670 per sq ft, so this one is 71% 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 PUNB6795B3215)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 11:59 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.