Representative illustration — Land bank auction in NMC Ward No.40
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

Land for Auction Nmc Ward No 40 Nagpur 22.3 Lakh by Bank of India

NMC Ward No.40, Nagpur

Area: 90.30 Sq. Mtrs

Southern Portion of Land containg by admeasuring 90.30 Sq. Mtrs, out of total Land admeasuring 180.60 sq. mtrs. of Mouza Nagpur bearing Corporation House No.208, City Survey No.108, Sheet No.129, Nagpur. Within limits of the NMC Ward No.40 in Tah & Dist Nagpur.

Bank of India · Zonal Office : nagpur

Reserve price

₹22,31,000

EMD ₹2,23,100

Auction date

09 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 90.30 Sq. Mtrs
  • Locality: NMC Ward No.40
  • Reserve: ₹22,31,000
  • EMD: ₹2,23,100

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityNMC Ward No.40
Built-up / plot area90.30 Sq. Mtrs
LenderBank of India
BranchZonal Office : nagpur
Unit / flat no.Corporation House No.208, City Survey No.108
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Land bank auction in NMC Ward No.40, Nagpur by Bank of India — reserve price ₹22,31,000, 90.30 Sq. Mtrs, Symbolic possession.

Discover an excellent investment opportunity with this bank auction property: an open plot admeasuring 90.30 Sq. Mtrs situated at the Southern Portion of Land in Mouza Nagpur. This valuable land parcel, bearing Corporation House No.208 and City Survey No.108, is located within the limits of NMC Ward No.40, Tahsil & District Nagpur, Maharashtra. The property is offered by Bank of India with a reserve price of ₹2,231,000.0. Interested buyers can participate in the e-auction on July 9, 2024, from 11:00 AM to 05:00 PM. A physical inspection is scheduled for July 2, 2024, and the last date for EMD submission is July 8, 2024. This open plot in Nagpur presents a significant opportunity for land acquisition, ideal for future development or investment in a prime location. Don't miss this bank auction property for sale in Nagpur.

GeoSquare note: This open plot in Nagpur offers a good investment opportunity due to its competitive reserve price of ₹2,231,000.0 for 90.30 Sq. Mtrs. Its location within NMC Ward No.40 suggests potential for development. The symbolic possession status requires careful due diligence, but the affordable entry point and clear auction details make it a strong buy for long-term appreciation in the Nagpur real estate market.

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