Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Industrial Plot SARFAESI Auction Symbolic Possession

4,050 sq ft Industrial Plot for Sale (Bank Auction) in Industrial, Bhusawal, Jalgaon – BOI

Industrial, Bhusawal, Jalgaon, Maharashtra · Auction ID #38716

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Indicative Price ₹2,23,75,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area4,050 sq ft

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
4,050 sq ft (≈ 4,050 sq ft)
Reserve price / sq ft
₹5,525
Locality
Industrial, Bhusawal
Pincode
425201
Address
INDUSTRIAL, Bhusawal, Maharashtra, 425201 View on map

Description (as per sale notice)

Leasehold landed property along with proposed super structure situated at D-7, MIDC Area, Bhusawal, Tal. Bhusaval, Dist. Jalgaon having Plot Area of 4050 Sq. Mtrs., in the name of Company Kankria Agro Ltd. (Leasehold for 95 years from 10.05.2015 to 09.05.2110).

BAANKNET Property ID: BKIDJALKANKRIYA7

Bank & Auction Details

Bank / Lender
Bank of India
Branch
ARB NASIK
Auction type
SARFAESI Auction
Borrower
M/S. K***** A*** L*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹5,525 per sq ft. The average across industrial bank auctions in Jalgaon on our site is ₹972 per sq ft, so this one is 468% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BKIDJALKANKRIYA7)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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 Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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