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.

Flat SARFAESI Auction Physical Possession

510 sq feet Flat for Sale (Bank Auction) in Akola, Akola – SBI

Akola, Akola, Maharashtra · Auction ID #44497

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Indicative Price ₹9,43,500
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area510 sq feet

Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
510 sq feet (≈ 510 sq ft)
Reserve price / sq ft
₹1,850
Locality
Akola
City
Akola
Pincode
444001
Address
AKOLA, Maharashtra, 444001 View on map

Description (as per sale notice)

RESIDENTIAL FLAT AT FIRST FLOOR,GAURI APARTMENT.BUILD UP AREA OF 300 SQ FT.

BAANKNET Property ID: SBINHITESHSPADIYA

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
MALKAPUR AKOLA-14511
Auction type
SARFAESI Auction
Borrower
HITESH S***** P*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹1,850 per sq ft. The average across residential bank auctions in Akola on our site is ₹6,712 per sq ft, so this one is 72% 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 SBINHITESHSPADIYA)), 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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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