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.

Land & Building SARFAESI Auction Physical Possession

300 sq meter Land & Building for Sale (Bank Auction) in Umred Nagpur, Nagpur – Union Bank

Umred Nagpur, Nagpur, Maharashtra · Auction ID #39277

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Indicative Price ₹18,71,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area300 sq meter

Property Details

Property type
Land & Building (Residential)
Possession
Physical Possession
Area
300 sq meter (≈ 3,229 sq ft)
Reserve price / sq ft
₹579
Locality
Umred Nagpur
City
Nagpur
Pincode
441203
Address
UMRED NAGPUR, Maharashtra, 441203 View on map

Description (as per sale notice)

1. PLANT AND MACHINERY INSTALLED AT PLOT NO D 15/1/20 MIDC AREA DHURKHEDA TAH UMERD NAGPUR 2.ALL THAT PIECE AND PARCEL OF LAND KNOWN AS PLOT NO D 15/1/20 IN UMRED INDUSTIRED AREA WITHIN VILLAGE LIMIT OF DHARUKHEDA AND OUTSIDE THE LIMITS OF UMRED MUNICIPAL COUNCIL MIDC TAH UMRED DIST NAGPUR

BAANKNET Property ID: UBINPUNNAB3869

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH NAGPUR-578771
Auction type
SARFAESI Auction
Borrower
MIT I***** T***** P*** S**** M***** V*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹579 per sq ft. The average across residential bank auctions in Nagpur on our site is ₹6,474 per sq ft, so this one is 91% 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 UBINPUNNAB3869)), 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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