All auctions / Maharashtra / Malegaon
21Oct
122.68 square meter Office for sale in Malegaon
Malegaon, Nashik, Maharashtra – 423203
Bank of Maharashtra · MALEGAON (NASIK)
- Reserve price
- ₹1,00,90,000
- EMD
- ₹10,09,000
- Bid increment
- ₹50,000
- Area
- 1,321 sq ft
- Price per sq ft
- ₹7,641
This is the 5th auction of this property. The reserve price is 5% lower than at the last auction (₹1,06,21,000 on 28 Sep 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property6 Oct 2026, 10:00 AM – 19 Oct 2026, 5:00 PM
- Pay EMD and submit bid by20 Oct 2026, 5:00 PM (EMD closes in 5 days)
- Auction21 Oct 2026, 1:00 PM – 5:00 PM · in 6 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 21 Oct 2026 | ₹1,00,90,000 | -5.0% | Upcoming |
| 28 Sep 2026 | ₹1,06,21,000 | -5.0% | Closed |
| 8 Sep 2026 | ₹1,11,79,000 | -10.0% | Closed |
| 18 Aug 2026 | ₹1,24,21,000 | — | Closed |
| 30 Jul 2026 | ₹1,24,21,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹10,09,000
- Rest of 25% when you win (same or next day)
- ₹15,13,500
- Balance 75%, usually within 15 days
- ₹75,67,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹5.04 L – ₹8.07 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
- Commercial · Office
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- NAME OF PROPERTY HOLDER: Mr. Raees Ahmad Mohammed Aarif. REGISTRED MORTGAGED OF ALL THE PIECE & PARCEL OF LAND AND BUILDING SITUATED AT CTS NO. 1394/3, AT ISLAMPURA, TAL. MALEGAON, DIST. NASHIK PLOT ADM AREA 122.68 SQ.MTS BOUNDARIES: EAST : CTS NO. 1394/3 PART. WEST : CTS. NO. 1394/2. SOUTH : GALLI. NORTH : ROAD. CERSAI ID : 07AAECC5770G1ZN Assets ID: 200063158382
- Borrower
- M/S. A. K. Traders Prop. Mr. Raees Ahmad Mohammed Aarif
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