Representative illustration — Flat bank auction in Somalwada
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Somalwada Nagpur 55 Lakh by Bank of Maharashtra

Somalwada, Nagpur

Area: 86.89 Sq. Mtrs (Carpet Area)

Apartment No. F-101, 1st Floor, Krishna Pride, Plot No. 17, Navneet Magasvargiya Beghar Samiti Ltd., Kh. No. 66/4 and 66/5, P.H. No.44, City Survey No. 518, Sheet No. 686/35, Mouza Somalwada, Nagpur, Maharashtra.

Bank of Maharashtra · Nagpur Zone

Reserve price

₹55,00,000

EMD ₹5,50,000

Auction date

15 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 86.89 Sq. Mtrs (Carpet Area)
  • Locality: Somalwada
  • Reserve: ₹55,00,000
  • EMD: ₹5,50,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalitySomalwada
Built-up / plot area86.89 Sq. Mtrs (Carpet Area)
LenderBank of Maharashtra
BranchNagpur Zone
Unit / flat no.Apartment No. F-101
Building / societyKrishna Pride
Floor1st Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Somalwada, Nagpur by Bank of Maharashtra — reserve price ₹55,00,000, 86.89 Sq. Mtrs (Carpet Area), Physical possession.

Discover a prime residential bank auction property in Nagpur: an attractive 1st-floor flat, Apartment No. F-101, located in the reputable 'Krishna Pride' building, Somalwada. This property boasts a carpet area of 86.89 Sq. Mtrs, complemented by an exclusive 30.65 Sq. Mtrs open terrace for parking. Situated on Plot No. 17, Navneet Magasvargiya Beghar Samiti Ltd. layout, it comes with physical possession, making it a highly desirable asset. The Bank of Maharashtra is offering this flat with a reserve price of ₹55 Lakhs and an EMD of ₹5.50 Lakhs. Ideal for homebuyers or investors seeking a well-located flat for sale in Nagpur, this auction presents a compelling opportunity.

GeoSquare note: This residential flat in 'Krishna Pride', Somalwada, Nagpur, represents a strong investment opportunity. Its physical possession status significantly de-risks the acquisition, while the competitive reserve price of ₹55 Lakhs for a property with a good carpet area and an exclusive terrace is attractive. The location in Nagpur, a growing city, further enhances its appeal for both end-users and investors, making it a promising asset.

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