Commercial Building SARFAESI Auction

200,000 sq m Commercial Building for Auction in Latur – JM Financial ARC

Latur, Maharashtra · Auction ID #80452

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Reserve Price ₹45,00,00,000
EMD (Earnest Money)₹45,00,000
Bid Increment₹5,00,000
Auction Date 13 Oct 2026, 11:00 AM In 13 days
EMD Last Date 12 Oct 2026, 05:00 PM In 12 days
Area200,000 sq m

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
200,000 sq m (≈ 21,52,780 sq ft)
Reserve price / sq ft
₹209
Locality
—
City
Latur
Address
All that piece of leasehold land known as Plot No. D-68 in the Addl. Latur Industrial Area, within the village limits of Khandapur and outside limits of Latur Municipal Council, Taluka Latur, District Latur containing by admeasurement 2,00,000 square meters or thereabouts and bounded as follows that is to say:-On or towards the North by: MIDC LandOn or towards the South by: MIDC Road 30.00mtr R/WOn or towards the East by: MIDC Road 30.00 mtr View on map

Description (as per sale notice)

Industrial Plot admeasurement 2,00,000 square meters. All that piece of leasehold land known as Plot No. D-68 in the Addl. Latur Industrial Area, within the village limits of Khandapur and outside limits of Latur Municipal Council, Taluka Latur, District Latur containing by admeasurement 2,00,000 square meters or thereabouts and bounded as follows that is to say:-On or towards the North by: MIDC LandOn or towards the South by: MIDC Road 30.00mtr R/WOn or towards the East by: MIDC Road 30.00 mtr

Bank & Auction Details

Branch
Prabhadevi, Mumbai
Auction type
SARFAESI Auction
Borrower
Bombay R**** F***** L**
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 12:00 PM
EMD submission deadline
12 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹209 per sq ft. The average across commercial bank auctions in Latur on our site is ₹3,464 per sq ft, so this one is 94% 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 (bankauctions.in (4Closure) · Listing 2414506), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹45,00,000 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹5,00,000.
  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 JM Financial Asset Reconstruction Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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