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Commercial Building SARFAESI Auction Physical Possession

1,271.06 sq meter Commercial Building for Sale (Bank Auction) in Amravati – BOM

Amravati, Maharashtra · Auction ID #39261

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Commercial Building photo 1 Commercial Building photo 2 Commercial Building photo 3 Commercial Building photo 4 Commercial Building photo 5 Commercial Building photo 6
Indicative Price ₹2,57,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,271.06 sq meter

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
1,271.06 sq meter (≈ 13,681 sq ft)
Reserve price / sq ft
₹1,878
Locality
—
Pincode
444606
Address
Amravati, Maharashtra, 444606 View on map

Description (as per sale notice)

All that piece and parcel of commercial land bearing Plot No. 1 admeasuring about 15795.87 Sq Mtrs, Gat No.75, Survey No.47/1 and 47/1/A/ Part having commercial complex known and style as “VIVANTA BUSINESS PARK” is constructed and having Total 5 Shops (i.e. C-01, C-02, C-03, C-04 and C-05) in Block-C in this complex admeasuring area is 1271.06 Sq Mtrs. Mouza Borgaon Dharmale Pragane, Nandgaon Peth, Situated near city land within Limit of Tah and District Amravati and Total 5 Shops (i.e. C-01, C-02, C-03, C-04 and C-05) shop Admeasuring 1271.06 Sq Mtrs. and is bounded as under: East:ShopNo.12and16 West: Open Space North:ShopNo..06 South: Market Road Afterwords E-Block (Physical Possession)

BAANKNET Property ID: MAHBHARWANIC1TOC5

Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
ASSETRECOVERYBRANCH,NAGPUR-1452
Auction type
SARFAESI Auction
Borrower
Mr. S***** P***** H*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹1,878 per sq ft. The average across commercial bank auctions in Amravati on our site is ₹7,681 per sq ft, so this one is 76% 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 MAHBHARWANIC1TOC5)), 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 Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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