Flat for Auction Narsala Nagpur 15.9 Lakh by Bank of India
Narsala, Nagpur
Area: 77.14 sq. mtrs
Flat/Apartment No.405, Fourth Floor, V. M. PARADISE APARTMENT, Plot No.73 & 74, Mouza Narsala, Kh. No.208 C, P. H. No.37, NMC House No.13/405, Ward No.77, Zone No.5, Grampanchayat, Narsala, Nagpur.
Bank of India · Zonal Office : nagpur
Reserve price
₹15,88,000
EMD ₹1,58,800
Auction date
09 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 77.14 sq. mtrs
- ▸Locality: Narsala
- ▸Reserve: ₹15,88,000
- ▸EMD: ₹1,58,800
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Narsala |
| Built-up / plot area | 77.14 sq. mtrs |
| Lender | Bank of India |
| Branch | Zonal Office : nagpur |
| Unit / flat no. | Flat/Apartment No.405 |
| Building / society | V. M. PARADISE APARTMENT |
| Floor | Fourth Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Narsala, Nagpur by Bank of India — reserve price ₹15,88,000, 77.14 sq. mtrs, Symbolic possession.
Discover a prime residential bank auction property in Narsala, Nagpur. This attractive flat, Apartment No. 405, is located on the Fourth Floor of the well-regarded 'V. M. PARADISE APARTMENT'. Boasting a built-up area of 77.14 sq. mtrs., this property also includes an undivided shared land area of 20.20 sq. mtrs. Situated on Plot Nos. 73 & 74 in Mouza Narsala, the flat falls under NMC House No. 13/405, Ward No. 77. The auction is being conducted by Bank of India, Sitabuldi Branch, with a reserve price of ₹1,588,000 and an EMD of ₹158,800. The e-auction is scheduled for July 9, 2024, from 11:00 AM to 05:00 PM, with property inspection on July 3, 2024. Though possession is symbolic, this offers a significant opportunity to acquire a residential flat in Nagpur. Interested bidders for this bank auction property should submit their EMD by July 7, 2024. Contact Mr. Prakash H. Ingle for more details.
GeoSquare note: This residential flat in Narsala, Nagpur, presents a fair investment option due to its reasonable reserve price and established locality within 'V. M. PARADISE APARTMENT'. The symbolic possession status indicates potential challenges but also a lower entry point. The property type and location make it suitable for homeowners or long-term investors, offering decent potential for appreciation in the Nagpur market.
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