346.5 sq meter Commercial Building for Auction in Waluj Midc, Chhatrapati Sambhajinagar – BOM

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

346.5 sq meter (≈ 3,729 sq ft)

Reserve price / sq ft

₹1,232

Locality

Waluj Midc

City

Chhatrapati Sambhajinagar

State

Maharashtra

Pincode

431133

Address

Waluj MIDC, Maharashtra, 431133 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

ARB, Aurangabad

Auction type

SARFAESI Auction

Borrower

M/s M**** E***** S*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 02:00 PM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

13 Oct 2026, 02:00 PM – 14 Oct 2026, 04:00 PM

Authorised officer

Mr. Somnath Sasane, Chief Manager, ARB Chh. Sambhajinagar

Officer contact

9960602766

E-auction portal

BAANKNET (Property ID MAHB163AUR)

Price Check

This listing's reserve price works out to ₹1,232 per sq ft. The average across commercial bank auctions in Chhatrapati Sambhajinagar on our site is ₹2,807 per sq ft, so this one is 56% 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 13 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB163AUR)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 14 Oct 2026, 05:00 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.