78,117 sq feet Commercial Building for Auction in Kharosa, Behind Unit Of M/s Arpana Flour Mills Pvt. Ltd., Nilanga, Latur – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

78,117 sq feet (≈ 78,117 sq ft)

Reserve price / sq ft

₹75

Locality

Kharosa, Behind Unit Of M/s Arpana Flour Mills Pvt. Ltd., Nilanga

City

Latur

State

Maharashtra

Pincode

413521

Address

Kharosa, Behind unit of M/s Arpana Flour Mills Pvt. Ltd., Nilanga, Maharashtra, 413521 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB MUMBAI-04107

Auction type

SARFAESI Auction

Borrower

M/s A***** F**** M**** P*** L***

Auction start

05 Oct 2026, 11:00 AM

Auction end

05 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 12:50 PM

Inspection

25 Sep 2026, 11:00 AM – 25 Sep 2026, 01:00 PM

Authorised officer

Amit Pratap Singh

Officer contact

8556961397

E-auction portal

BAANKNET (Property ID SBINArpana003)

Price Check

This listing's reserve price works out to ₹75 per sq ft. The average across commercial bank auctions in Latur on our site is ₹3,464 per sq ft, so this one is 98% 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 25 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINArpana003)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Oct 2026, 12:50 PM. It is refunded if you don't win.
5. Bid online on 5 Oct 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.