Industrial Plot SARFAESI Auction Symbolic Possession

4,000 sq meter Industrial Plot for Auction in Parola, Jalgaon – BOM

Parola, Jalgaon, Maharashtra · Auction ID #83143

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Reserve Price ₹2,53,86,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 11:00 AM In 13 days
EMD Last Date 14 Oct 2026, 11:59 PM In 12 days
Area4,000 sq meter

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
4,000 sq meter (≈ 43,055 sq ft)
Reserve price / sq ft
₹590
Locality
Parola
Pincode
425111
Address
Parola, Maharashtra, 425111 View on map

Description (as per sale notice)

Industrial Plot with shed

BAANKNET Property ID: MAHBASIANDAIRY3

Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
BOMBAY-ANDHERI EAST
Auction type
SARFAESI Auction
Borrower
M/S A**** D**** P*** L***
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 02:00 PM
EMD submission deadline
14 Oct 2026, 11:59 PM
Inspection
—
Authorised officer
Avinash Mahajan
Officer contact
9421205708

Price Check

This listing's reserve price works out to ₹590 per sq ft. The average across industrial bank auctions in Jalgaon on our site is ₹963 per sq ft, so this one is 39% 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 MAHBASIANDAIRY3)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 14 Oct 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 15 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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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