2,920 sq feet Commercial Building for Auction in Ambad, Jalna – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2,920 sq feet (≈ 2,920 sq ft)

Reserve price / sq ft

₹3,832

Locality

Ambad

City

Jalna

State

Maharashtra

Pincode

431204

Address

Ambad, Maharashtra, 431204 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

AMBAD

Auction type

SARFAESI Auction

Borrower

Shyam L***** a** B***** P***** S***** L***** B****

Auction start

27 Nov 2026, 11:00 AM

Auction end

27 Nov 2026, 02:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 05:00 PM – 26 Nov 2026, 04:00 PM

Authorised officer

Jagannath Prasad Pattanaik

Officer contact

8328948711

E-auction portal

BAANKNET (Property ID MAHB302CSN)

Price Check

This listing's reserve price works out to ₹3,832 per sq ft. The average across commercial bank auctions in Jalna on our site is ₹7,082 per sq ft, so this one is 46% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB302CSN)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.