2,178 sq feet House for Auction in Biloli, Nanded – Maharashtra Gramin

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,178 sq feet (≈ 2,178 sq ft)

Reserve price / sq ft

₹2,491

Locality

Biloli

City

Nanded

State

Maharashtra

Pincode

431710

Address

Biloli, Maharashtra, 431710 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Maharashtra Gramin Bank

Branch

Recovery

Auction type

SARFAESI Auction

Borrower

Sayyed A***** P**** S***** K*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 01:30 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

09 Nov 2026, 10:00 AM – 23 Nov 2026, 05:00 PM

Authorised officer

Mr. AKASH RAJENDRA GAYAKWAD

Officer contact

7276781646

E-auction portal

BAANKNET (Property ID MAHG80070735436)

Price Check

This listing's reserve price works out to ₹2,491 per sq ft. The average across residential bank auctions in Nanded on our site is ₹1,756 per sq ft, so this one is 42% above 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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHG80070735436)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 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.