Commercial Building SARFAESI Auction

1,000 sq m Commercial Building for Auction in Amravati – Pegasus ARC

Amravati, Maharashtra · Auction ID #7916

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Reserve Price ₹97,91,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 05 Oct 2026, 11:00 AM In 6 days
EMD Last Date 05 Oct 2026 In 6 days
Area1,000 sq m

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
1,000 sq m (≈ 10,763 sq ft)
Reserve price / sq ft
₹910
Locality
—
Address
Property Description: All that piece and parcel of leasehold land along with Building bearing Plot No. F-44 situated in Amravati Industrial Area within the village limits of Jewod, MIDC Amravati and within the Municipal Limits of Amravati Municipal Corporation in Registration Sub-District Amravati, land admeasuring 1000 Sq. Mtrs or thereabout in Tehsil & District Amravati. Google Location: 20°53'13.5"N 77°45'58.1"E View on map

Description (as per sale notice)

Property Description: All that piece and parcel of leasehold land along with Building bearing Plot No. F-44 situated in Amravati Industrial Area within the village limits of Jewod, MIDC Amravati and within the Municipal Limits of Amravati Municipal Corporation in Registration Sub-District Amravati, land admeasuring 1000 Sq. Mtrs or thereabout in Tehsil & District Amravati. Google Location: 20°53'13.5"N 77°45'58.1"E

Bank & Auction Details

Branch
—
Auction type
SARFAESI Auction
Borrower
M/s G***** I***** P***** 2*** T**** 1
Auction start
05 Oct 2026, 11:00 AM
Auction end
05 Oct 2026, 12:00 PM
EMD submission deadline
05 Oct 2026
Inspection
—
Authorised officer
Shubhodeep Banerjee
Officer contact
—

Price Check

This listing's reserve price works out to ₹910 per sq ft. The average across commercial bank auctions in Amravati on our site is ₹7,719 per sq ft, so this one is 88% 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 (eAuctions (Linkstar) · Auction ID 10085), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 05 Oct 2026. It is refunded if you don't win.
  5. Bid online on 5 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.

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 Pegasus Assets Reconstruction. Always verify every detail with the official notice and the authorised officer before paying any money.

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