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Flat SARFAESI Auction

37.6 sq m Flat for Auction in Akola – Mahindra Finance

Akola, Maharashtra · Auction ID #4180

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Reserve Price ₹31,00,000
EMD (Earnest Money)₹3,10,000
Bid Increment₹25,000
Auction Date 30 Oct 2026, 10:00 AM In 30 days
EMD Last Date 29 Oct 2026, 05:00 PM In 29 days
Area37.6 sq m

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
37.6 sq m (≈ 404 sq ft)
Reserve price / sq ft
₹7,660
Locality
—
City
Akola

Description (as per sale notice)

All the piece and parcel of Flat No.3 situated on the first floor, admeasuring Carpet Area of 37.60 Sq. Meters & Built up Area of 53.86 Sq. Meters, in the apartment known as "Sana Apartment", constructed over Nazul plot no. 156/1, out of Nazul Sheet No. 39-B, situated at mauje Akola. Tq & District Akola, Maharashtra. Bounded as follows: On or Towards East by :- R.K Apartment On or Towards West by: - Flat No.1 On or Towards North by: - Building of Agarwal and Radha Krushna Complex On or Towards South by: - Flat No.2

Bank & Auction Details

Branch
Mahindra & Mahindra Financial Services Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
RAJ C*****
Auction start
30 Oct 2026, 10:00 AM
Auction end
30 Oct 2026, 04:00 PM
EMD submission deadline
29 Oct 2026, 05:00 PM
Inspection
05 Oct 2026, 11:00 AM – 09 Oct 2026, 05:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹7,660 per sq ft. The average across residential bank auctions in Akola on our site is ₹6,712 per sq ft, so this one is 14% 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 (open notice).
  2. Inspect the property on 5 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹3,10,000 before 29 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 30 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
  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 Mahindra & Mahindra Financial Services. Always verify every detail with the official notice and the authorised officer before paying any money.

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