Factory Land and Building for Auction Shankarpur Industrial Nagari Village Shankarpur Gwalior 1.2 Crore by Bank of Maharashtra 15 Jul 2026
Shankarpur Industrial Nagari, Village Shankarpur, Gwalior
Area: 3420 Sq. Ft.
Factory and land bearing part of Survey no. 790 min-2, Patwari Halka No. 54, Municipal no. 467, Ward no. 64 situated at Shankarpur Industrial Nagari, Behind Hotel Aditya Palace, A B Road, Village Shankarpur, Gwalior
Bank of Maharashtra · Zonal Office : Bhopal
Reserve price
₹1,17,00,000
EMD ₹11,70,000
Auction date
15 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3420 Sq. Ft.
- ▸Locality: Shankarpur Industrial Nagari, Village Shankarpur
- ▸Reserve: ₹1,17,00,000
- ▸EMD: ₹11,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Factory land and Building · Industrials |
| Locality | Shankarpur Industrial Nagari, Village Shankarpur |
| Built-up / plot area | 3420 Sq. Ft. |
| Lender | Bank of Maharashtra |
| Branch | Zonal Office : Bhopal |
| Unit / flat no. | Survey no. 790 min-2, Municipal no. 467, Ward no. 64 |
| Building / society | Shankarpur Industrial Nagari |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Shankarpur Industrial Nagari, Village Shankarpur, Gwalior by Bank of Maharashtra — reserve price ₹1,17,00,000, 3420 Sq. Ft., Symbolic possession.
Discover a prime industrial property available through a Bank of Maharashtra auction. This factory land and building, admeasuring 3420 Sq. Ft., is strategically located in Shankarpur Industrial Nagari, Village Shankarpur, Gwalior. Positioned behind Hotel Aditya Palace on A B Road, it offers excellent connectivity for industrial operations. The property, identified by Survey no. 790 min-2, Municipal no. 467, Ward no. 64, is offered with a reserve price of ₹1.17 Crore and an EMD of ₹11.70 Lacs. The e-auction is scheduled for July 15, 2026, from 11:00 AM to 04:00 PM. This bank auction property presents a significant investment opportunity for businesses looking for industrial premises in Gwalior. While possession is symbolic, due diligence is recommended.
GeoSquare note: This industrial factory and land in Gwalior's Shankarpur Industrial Nagari offers good potential due to its commercial category and location within an industrial zone. The reserve price appears competitive for the area and property type. However, the 'Symbolic Possession' status means the bank has not taken physical control, which introduces a degree of risk and potential for post-auction challenges, requiring thorough due diligence from the buyer.
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