Industrial Plot SARFAESI Auction Symbolic Possession

4,050 sq ft Industrial Plot for Auction in Industrial, Bhusawal, Jalgaon – BOI

Industrial, Bhusawal, Jalgaon, Maharashtra · Auction ID #118474

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Industrial Plot for auction in Industrial, Bhusawal, Jalgaon – BOI – photo 1
Industrial Plot for auction in Industrial, Bhusawal, Jalgaon – BOI – photo 2
Industrial Plot for auction in Industrial, Bhusawal, Jalgaon – BOI – photo 3
Industrial Plot for auction in Industrial, Bhusawal, Jalgaon – BOI – photo 4
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Reserve Price ₹2,23,75,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 11 days
EMD Last Date 26 Nov 2026, 04:00 PM In 11 days
Area4,050 sq ft
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
4,050 sq ft (≈ 4,050 sq ft)
Reserve price / sq ft
₹5,525
Locality
Industrial, Bhusawal
Pincode
425201
Address
INDUSTRIAL, Bhusawal, Maharashtra, 425201 View on map

Description (as per sale notice)

Leasehold landed property along with proposed super structure situated at D-7, MIDC Area, Bhusawal, Tal. Bhusaval, Dist. Jalgaon having Plot Area of 4050 Sq. Mtrs., in the name of Company Kankria Agro Ltd. (Leasehold for 95 years from 10.05.2015 to 09.05.2110).

BAANKNET Property ID: BKIDJALKANKRIYA7
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Bank & Auction Details

Bank / Lender
Bank of India
Branch
ARB NASIK
Auction type
SARFAESI Auction
Borrower
M/S. K***** A*** L*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 05:00 PM
EMD submission deadline
26 Nov 2026, 04:00 PM
Inspection
25 Nov 2026, 11:00 AM – 25 Nov 2026, 04:00 PM
Authorised officer
Rohit Raj, Chief Manager
Officer contact
9525539994
E-auction portal
BAANKNET (Property ID BKIDJALKANKRIYA7)
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Price Check

This listing's reserve price works out to ₹5,525 per sq ft. The average across industrial bank auctions in Jalgaon on our site is ₹861 per sq ft, so this one is 542% 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 25 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BKIDJALKANKRIYA7)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 04:00 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.

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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 Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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