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Shed with Plant and Machinery for sale in korpan

korpan, Chandrapur, Maharashtra – 442916

Bank of Maharashtra · ASSETRECOVERYBRANCH,NAGPUR-1452

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹4,00,00,000
EMD
₹40,00,000
Bid increment
₹25,000
Area
5.49 acres
Price per sq ft
₹167

This is the 5th auction of this property. The last auction had a reserve of ₹4,00,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by15 Oct 2026, 2:00 PM (EMD closes today)
  2. Auction15 Oct 2026, 11:00 AM – 3:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹4,00,00,000—Upcoming
15 Sep 2026₹4,00,00,000-8.5%Closed
18 Aug 2026₹4,37,00,000-10.1%Closed
15 Jul 2026₹4,86,00,000—Closed
16 Jun 2026₹4,86,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹40,00,000
Rest of 25% when you win (same or next day)
₹60,00,000
Balance 75%, usually within 15 days
₹3,00,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹20.00 L – ₹32.00 L

You may bid above the reserve in steps of ₹25,000. 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 · Shed with Plant and Machinery
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All those pieces and parcel of Industrial property with Factory Land, Plant & Machinery bearing Survey No.126, having Total Admeasuring Area of 2.22 Hectares situated in Mouza Dhoptala, Ta Korpana & District Chandrapur bounded as under: To the East: Agri Land Survey No.125 To the West: Agri Land Survey No.127 To the North: Agri Land Survey No.130/3 To the South: Agri Land Survey No.122 Together with all the fixtures, furniture as per the details annexed. (Symbolic Possession
Borrower
. Mr. Prabhakar Natthuji Mohitkar

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