3,236.79 sq m Commercial Building for Auction in Nagpur – CFM ARC

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

3,236.79 sq m (≈ 34,840 sq ft)

Reserve price / sq ft

₹156

Locality

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City

Nagpur

State

Maharashtra

Address

Schedule 'I' All The Part and Parcel Bearing Entire Rcc Superstructure Comprising Of Apartment No 401 Covering Built Up Area Of 54.23 Sq. Mt On Forth Floor of A Building Known and Styled As "Akash Estate-li" Constructed on Plot No R-2, Containing By Admeasurement 3236.79 Sq. Mtrs Togetherwith Undivided Proportionate Share And Interest Of 1.3560 % (Percent) In All That Piece And Parcel Of Land Bearing Plot No R-2, Containing By Admeasurement 3236.79 Sq. Mtrs. Being A Portion of the Entire Land Bearing Kh. No 112 And 113, Of Mouza-Jaitala, Including All Connections, Fittings Furnitures, Electric And Water Meters And All Other Easementary Rights Appurtanant And Belonging Thereto Bearing City Survey No 638 And Sheet No 42(582), Situated At Jaitala, Nagpur, Within The Limits Of The Nagpur Municipal Corporation Ward No 75, In Tahsil And District-Nagpur And Bounded As Under: East: Plot No R-1, West: Plot No R-3 (As Per Property Paper) And Plot No. R-2 (As Per Technical Report), North: 9.00-Meter-Wide Road Schedule 'II' Kh. No 118, South: All The Part And Parcel Bearing Entire Superstructure Comprising Of Apartment No 402 Covering Built Up Area Of 40.267 Sq.Mtrs On Forth Floor Of A Building Known And Styled As "Akash Estate-li" Constructed On Plot No R-2, Constraining By Admeasurement 3236.79 Sq.Mtrs Together with Undivided Proportionate Share And Interest Of 1.0069% (Percent) In All That Piece And Parcel Of Land Bearing Plot No R-2, Containing By Admeasurement 3236.79 Sq.Mtrs Being View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

CFM Asset Reconstruction

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

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EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 464363

Price Check

This listing's reserve price works out to ₹156 per sq ft. The average across commercial bank auctions in Nagpur on our site is ₹8,348 per sq ft, so this one is 98% 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 (AuctionTiger · Auction ID 464363), 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 6 Oct 2026 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.