Commercial Building SARFAESI Auction Physical Possession

Commercial Building for Auction in Sadar Nagpur, Nagpur – Union Bank

Sadar Nagpur, Nagpur, Maharashtra · Auction ID #3502

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Reserve Price ₹18,80,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM In 2 days
EMD Last Date 29 Sep 2026, 05:00 PM In 2 days

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Locality
Sadar Nagpur
City
Nagpur
Pincode
440001
Address
SADAR NAGPUR, Maharashtra, 440001 View on map

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF CORPORATE OFFICE CO106 ADM 15.56 SQ MT ON THE FIRST FLOOR IN THE BUILDING KNOWN AS STYLED AS INDIRA ARCADE PLOT NO 218 NMC HOUSE NO 257F9 WARD NO 67 CITY SURVEY NO 1591 AND 1593 SHEET NO 14 AND 17 MUZA SITABULDI SADAR NEAR D KRISHNA AND DHARAMPETH MAHILA SAHAKARI BANK TAH DIST NAGPUR

BAANKNET Property ID: UBINPUNNAB5966K

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH NAGPUR-578771
Auction type
SARFAESI Auction
Borrower
GODAWARI T*****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
29 Sep 2026, 05:00 PM
Inspection
28 Sep 2026, 10:00 AM – 28 Sep 2026, 05:00 PM
Authorised officer
ROHIT GULKARI
Officer contact
9423456034

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 28 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINPUNNAB5966K)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 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.

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

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