145.25 sq meter Residential Plot for Auction in Gangapur, Chhatrapati Sambhajinagar – BOM

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

145.25 sq meter (≈ 1,563 sq ft)

Reserve price / sq ft

₹1,234

Locality

Gangapur

City

Chhatrapati Sambhajinagar

State

Maharashtra

Pincode

431109

Address

Gangapur, Maharashtra, 431109 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

ARB, Aurangabad

Auction type

SARFAESI Auction

Borrower

M/S G***** K***** S*** K*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 02:00 PM

EMD submission deadline

17 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 05:00 PM – 17 Nov 2026, 04:00 PM

Authorised officer

Somnath Sasane, Chief Manager ARB

Officer contact

9960602766

E-auction portal

BAANKNET (Property ID MAHB505AUR)

Price Check

This listing's reserve price works out to ₹1,234 per sq ft. The average across residential bank auctions in Chhatrapati Sambhajinagar on our site is ₹4,405 per sq ft, so this one is 72% 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 MAHB505AUR)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.