Factory Land and Building for Auction Butibori Nagpur 32.4 Lakh by Bank of India 28 Apr 2026
Butibori, Nagpur
Area: 540 Sq.mt.
A-12/1, MIDC Butibori, Village- Bid ganeshpur, Butibori
Bank of India · Zonal Office : nagpur
Reserve price
₹32,43,000
EMD ₹3,24,300
Auction date
28 Apr 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 540 Sq.mt.
- ▸Locality: Butibori
- ▸Reserve: ₹32,43,000
- ▸EMD: ₹3,24,300
Auction snapshot
| Possession | Symbolic |
| Property type | Factory land and Building · Industrials |
| Locality | Butibori |
| Built-up / plot area | 540 Sq.mt. |
| Lender | Bank of India |
| Branch | Zonal Office : nagpur |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Butibori, Nagpur by Bank of India — reserve price ₹32,43,000, 540 Sq.mt., Symbolic possession.
Bank auction property! Industrial factory land and building for sale in Butibori, Nagpur. The property, located at A-12/1, MIDC Butibori, spans 540 Sq.mt. and is owned by M/s R.K. Enterprises. Bank of India is auctioning this property with a reserve price of ₹3,243,000 and an EMD of ₹324,300. The e-auction will be held on 28.04.2026 from 11 AM to 5 PM. Don't miss this opportunity to invest in a prime industrial location through a bank auction property in Nagpur.
GeoSquare note: The property is an industrial unit in MIDC Butibori, a potentially valuable location. The reserve price seems reasonable, but the symbolic possession status may present challenges. Overall, it's a fair option, but due diligence is crucial before investing.
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