23,000 sq feet Commercial Building for Auction in Malwan, Oros – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

23,000 sq feet (≈ 23,000 sq ft)

Reserve price / sq ft

₹322

Locality

Malwan

City

Oros

State

Maharashtra

Pincode

416606

Address

Malwan, Maharashtra, 416606 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

KATTA (PENDUR)

Auction type

SARFAESI Auction

Borrower

SWAYAMBHU T****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 05:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

06 Nov 2026, 03:00 PM – 17 Nov 2026, 04:00 PM

Authorised officer

SWAPNIL GAIKWAD

Officer contact

9503275497

E-auction portal

BAANKNET (Property ID MAHB08650)

Price Check

This listing's reserve price works out to ₹322 per sq ft. The average across commercial bank auctions in Oros on our site is ₹4,075 per sq ft, so this one is 92% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB08650)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 04:00 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.