Land for Auction Chitnavis Nagar Nagpur 2 Crore by Bank of Maharashtra
Chitnavis Nagar, Nagpur
Area: 143.51 sq. mtrs.
Apartment No. 401 (A) & 401 (B), Altamount Apartment, Chitnavis Nagar, Chhindwara Road, Nagpur, 440014
Bank of Maharashtra · Nagpur Zone
Reserve price
₹1,98,00,000
EMD ₹19,80,000
Auction date
15 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 143.51 sq. mtrs.
- ▸Locality: Chitnavis Nagar
- ▸Reserve: ₹1,98,00,000
- ▸EMD: ₹19,80,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Chitnavis Nagar |
| Built-up / plot area | 143.51 sq. mtrs. |
| Lender | Bank of Maharashtra |
| Branch | Nagpur Zone |
| Unit / flat no. | Apartment No. 401 (A) and 401 (B) |
| Building / society | Altamount Apartment |
| Floor | Fourth Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Chitnavis Nagar, Nagpur by Bank of Maharashtra — reserve price ₹1,98,00,000, 143.51 sq. mtrs., Symbolic possession.
Bank auction property available for sale in the premium location of Chitnavis Nagar, Nagpur. This residential property located in 'Altamount Apartment' features two apartments (401A and 401B) on the fourth floor with a combined built-up area of approximately 143.51 sq. mtrs., including an open terrace and dedicated parking space. The property is situated on Chhindwara Road and comes with all common facilities, fixtures, and easementary rights. This is a prime opportunity to invest in a residential unit within the Nagpur Municipal Corporation limits. The property is being sold under symbolic possession by the Bank of Maharashtra. Interested bidders should note the reserve price of ₹1,98,00,000 and the EMD of ₹19,80,000 for this e-auction. Perfect for homebuyers and investors looking for well-located assets in Nagpur.
GeoSquare note: Located in the well-connected Chitnavis Nagar area of Nagpur, this property offers a substantial built-up area across two integrated units within a premium apartment complex. While the possession is symbolic, the property's location and potential for high-end residential use make it a strong investment candidate. The transparency in the auction process by the Bank of Maharashtra further adds to its appeal.
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