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Commercial Building SARFAESI Auction Symbolic Possession

5,093 sq meter Commercial Building for Sale (Bank Auction) in Nagpur – Canara

Nagpur, Maharashtra · Auction ID #38835

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Commercial Building photo 1 Commercial Building photo 2
Indicative Price ₹1,52,52,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area5,093 sq meter

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
5,093 sq meter (≈ 54,820 sq ft)
Reserve price / sq ft
₹278
Locality
—
City
Nagpur
Pincode
440010
Address
Nagpur, Maharashtra, 440010 View on map

Description (as per sale notice)

All that piece & parcel of Leasehold land and building known as commercial plot no. X-1/1 in the Kuhi Mini industrial Area,MIDC,within the village limits of Kuhi and outside the limits of Kuhi Grampanchayat/Municipal Council /Corporation Taluka Kuhi, Dist-Nagpur containing by admeasurements 5093.00 sqmTHE above property is bounded as follows East 10 MTR. R/W West PLOT NO. X -1/2 North Kuhi-Ambhora State Road South PLOT NO A-33

BAANKNET Property ID: CNRBIHAKUHIMIDC

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALISED ARM BRANCH, NAGPUR
Auction type
SARFAESI Auction
Borrower
IHA P** I*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹278 per sq ft. The average across commercial bank auctions in Nagpur on our site is ₹8,262 per sq ft, so this one is 97% 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 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 CNRBIHAKUHIMIDC)), 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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