700 sq meter Commercial Building for Auction in Palse, Nashik, Samangaon, Nashik – BOI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

700 sq meter (≈ 7,534 sq ft)

Reserve price / sq ft

₹2,648

Locality

Palse, Nashik, Samangaon

City

Nashik

State

Maharashtra

Pincode

422102

Address

Palse, Nashik, Samangaon, Maharashtra, 422102 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

ARB NASIK

Auction type

SARFAESI Auction

Borrower

M/s D***** S**** E***** P***** L*****

Auction start

09 Oct 2026, 11:00 AM

Auction end

09 Oct 2026, 05:00 PM

EMD submission deadline

09 Oct 2026, 04:00 PM

Inspection

08 Oct 2026, 11:00 AM – 08 Oct 2026, 04:00 PM

Authorised officer

Rohit Raj, Chief Manager

Officer contact

9525539994

E-auction portal

BAANKNET (Property ID BKIDNASHIKDESHMUKH3)

Price Check

This listing's reserve price works out to ₹2,648 per sq ft. The average across commercial bank auctions in Nashik on our site is ₹6,339 per sq ft, so this one is 58% 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 8 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKIDNASHIKDESHMUKH3)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 9 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.