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Commercial Building SARFAESI Auction

26.47 sq m Commercial Building for Auction in Wagdara Bearing, Nagpur – Hero Housing

Wagdara Bearing, Nagpur, Maharashtra · Auction ID #117187

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Commercial Building for auction in Wagdara Bearing, Nagpur – Hero HousingRepresentative image – no photo published by the bank
Reserve Price ₹7,00,000
EMD (Earnest Money)₹70,000
Bid Increment₹15,000
Auction Date 25 Nov 2026, 10:00 AM In 11 days
EMD Last Date 24 Nov 2026, 05:00 PM In 10 days
Area26.47 sq m
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
26.47 sq m (≈ 284 sq ft)
Reserve price / sq ft
₹2,457
Locality
Wagdara Bearing
City
Nagpur
Pincode
440015

Description (as per sale notice)

All That Piece And Parcel of R.C.C. Superstructure Comprising of Apartment No. B1-402 Covering A Carpet Area Admeasuring 26.466 Sq. Mtrs Situated on Fourth Floor, In Block No. B-1, Building No. B, In The Cluster Known As Gokul, Situated In The Scheme Known As Vrindavan Along With 0.1667% Undivided Share And Interest In All That Piece And Parcel of Land Being Field/Survey/gut No. 38/1, Having Admeasuring About 0.97 H.r. Held In Occupancy Class -1 Rights of Mouza-Wagdara Bearing P.h. No 48 Within The Limits of Grampanchayat Wagdara In Tehsil Hingna And District Nagpur, Maharashtra-440015. Bounded By: North: Tower No. A, East: Apartment No. B1-403, South: Apartment No. B1-407, West: Apartment No. B1-401
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Bank & Auction Details

Branch
Hero Housing Finance Limited, Gurugram - BO
Auction type
SARFAESI Auction
Borrower
Ganesh V G*****
Auction start
25 Nov 2026, 10:00 AM
Auction end
25 Nov 2026, 05:00 PM
EMD submission deadline
24 Nov 2026, 05:00 PM
Inspection
18 Nov 2026, 11:00 AM – 18 Nov 2026, 02:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹2,457 per sq ft. The average across commercial bank auctions in Nagpur on our site is ₹7,754 per sq ft, so this one is 68% 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 (open notice).
  2. Inspect the property on 18 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹70,000 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 25 Nov 2026 starting above the reserve price, in multiples of ₹15,000.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Hero Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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