561 sq feet Flat for Auction in Adarsh Nagar Area, Ratnagiri – BOI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

561 sq feet (≈ 561 sq ft)

Reserve price / sq ft

₹2,139

Locality

Adarsh Nagar Area

City

Ratnagiri

State

Maharashtra

Pincode

415639

Address

Adarsh Nagar Area, Ratnagiri, Maharashtra, 415639 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

KARWANCHIWADI-1484

Auction type

SARFAESI Auction

Borrower

VAIBHAV D**** N*****

Auction start

09 Dec 2026, 11:00 AM

Auction end

09 Dec 2026, 05:00 PM

EMD submission deadline

09 Dec 2026, 04:00 PM

Inspection

16 Nov 2026, 11:00 AM – 08 Dec 2026, 04:39 PM

Authorised officer

Adinath Chape

Officer contact

9284503747

E-auction portal

BAANKNET (Property ID BKID1484NARKAR)

Price Check

This listing's reserve price works out to ₹2,139 per sq ft. The average across residential bank auctions in Ratnagiri on our site is ₹2,598 per sq ft, so this one is 18% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKID1484NARKAR)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 9 Dec 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.