59 sq meter Flat for Auction in Nanded, Nanded – BOI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

59 sq meter (≈ 635 sq ft)

Reserve price / sq ft

₹2,693

Locality

Nanded

City

Nanded

State

Maharashtra

Pincode

431605

Address

Nanded, Maharashtra, 431605 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

VIP ROAD NANDED-0651

Auction type

SARFAESI Auction

Borrower

Mrs. Y***** N***** P*****

Auction start

09 Dec 2026, 11:00 AM

Auction end

09 Dec 2026, 05:00 PM

EMD submission deadline

09 Dec 2026, 05:00 PM

Inspection

02 Dec 2026, 11:00 AM – 02 Dec 2026, 04:00 PM

Authorised officer

Maddrila Ranjith Kumar

Officer contact

9885702736

E-auction portal

BAANKNET (Property ID BKID000065104)

Price Check

This listing's reserve price works out to ₹2,693 per sq ft. The average across residential bank auctions in Nanded on our site is ₹1,756 per sq ft, so this one is 53% 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 2 Dec 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKID000065104)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Dec 2026, 05:00 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.