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1522.03 square meter Industrial Shed for sale in Malegaon

Malegaon, Nashik, Maharashtra – 423203

Bank of Maharashtra · MALEGAON (NASIK)

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,18,66,000
EMD
₹11,86,600
Bid increment
₹50,000
Area
16,383 sq ft
Price per sq ft
₹724

This is the 5th auction of this property. The last auction had a reserve of ₹1,18,66,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property6 Oct 2026, 10:00 AM – 19 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by20 Oct 2026, 5:00 PM (EMD closes in 5 days)
  3. Auction21 Oct 2026, 1:00 PM – 5:00 PM · in 6 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
21 Oct 2026₹1,18,66,000—Upcoming
28 Sep 2026₹1,18,66,000—Closed
8 Sep 2026₹1,18,66,000—Closed
18 Aug 2026₹1,18,66,000—Closed
15 Jul 2026₹1,18,66,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹11,86,600
Rest of 25% when you win (same or next day)
₹17,79,900
Balance 75%, usually within 15 days
₹88,99,500
Stamp duty and registration (about 5–8%, varies by state)
₹5.93 L – ₹9.49 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Industrial Shed
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
REGISTERED MORTGAGE OF ALL THOSE PIECES AND PARCEL OF PROPERTY PLOT NO.7 ADM. 504.00 SQ MTR. AND PLOT NO.8 ADM.504 SQ. MTRS AND PLOT NO.16 ADM. 514.03 SQ MTR. OUT OF G. NO.1542/2A/1+ 1542/2B AND CONSTRUCTION THEREON DABHADI, MALEGAON. PLOT NO.16 (BOUNDARIES): EAST: ADJ. S NO. WEST: 15 MTR ROAD SOUTH: PLOT NO.17 NORTH: PLOT NO.15 PLOT NO.7+8 (BOUNDARIES): EAST: ROAD WEST: ROAD SOUTH: AMENITY PLOT NO.18 NORTH: OPEN SPACE
Borrower
M/S. P SQUARE CREATIONS THROUGH PARTNERS MR. HEMANT PRABHAKAR PATIL, BHARAT VISHVASRAO PATIL, MR. JAYANTILAL DEVASHI PATEL AND MR. HASMUKH DEVASHI PATEL

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