50 sq ft Land for Auction in Akola – Jana SFB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

50 sq ft

Reserve price / sq ft

₹44,431

Locality

—

City

Akola

State

Maharashtra

Address

All that piece and parcel of land bearing Western Portion of Mahanagar Palika Malmatta No. 1461 (Old M.N.P. Malmatta No. 765 & Old Gavthan Maimatta No.757), admeasuring 544 50 Sq.ft. (50.58 Sq.mtrs.) out of total land area of 1089 Sq.ft., together with the Construction thereon, Field Survey Gat No. 38/2, situated at Ward No. A 9, Mouza Umri, Pragane Balapur. (Previously Grampanchayat Umri) Now within the limits of Mahanagar Palika Akola, Tehsil & District Akola. Bounded by: East by: House of House of Lilabai Dhande, West by: Road, North by: Road and South by: 6 Ft. Service Lane. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Jana Small Finance Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

19 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468331

Price Check

This listing's reserve price works out to ₹44,431 per sq ft. The average across land & agricultural bank auctions in Akola on our site is ₹1,222 per sq ft, so this one is 3536% above 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 (AuctionTiger · Auction ID 468331), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 19 Nov 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.