1.17 hectares Commercial Building for Auction in Ballarpur, Chandrapur – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1.17 hectares (≈ 1,25,937 sq ft)

Reserve price / sq ft

₹283

Locality

Ballarpur

City

Chandrapur

State

Maharashtra

Pincode

442701

Address

Ballarpur, Maharashtra, 442701 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

ASSETRECOVERYBRANCH,NAGPUR-1452

Auction type

SARFAESI Auction

Borrower

Mr M***** A***** M***** A***** S*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 03:00 PM

EMD submission deadline

15 Oct 2026, 02:00 PM

Inspection

—

Authorised officer

RAHUL KHAPARDE

Officer contact

9860741699

E-auction portal

BAANKNET (Property ID MAHBNOORANIPLOT101)

Price Check

This listing's reserve price works out to ₹283 per sq ft. The average across commercial bank auctions in Chandrapur on our site is ₹1,286 per sq ft, so this one is 78% 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 MAHBNOORANIPLOT101)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 02:00 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.