Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610736
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹3,54,88,000
EMD:₹35,48,800
Bid Increment:₹1,00,000
Auction Time:14:00:00 to 18:00:00
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a prime land parcel located in Nagpur, Maharashtra, offered for auction by Bank of Baroda. Situated within the Nagpur area, this residential land presents a significant investment opportunity. The property is being auctioned under the SARFAESI Act, providing a clear title for potential buyers. Its location in Nagpur ensures accessibility and potential for future development.
State:Maharashtra
City:Nagpur
Area:Nagpur
Asset Category:Residential
Full Address:676A, Jodhraj Bhawan, Muncipal House No.676A, plotable land adm.72110 Sq. Mtrs. Together with First Floor of RCC superstructure standing thereupon, Adm. 759.00 Sq. Mtr. In residential house known and Styled as Jodhraj Bhawan, situated in Ward No.2C, Circle No.19/27, City Survey No 3715 of Mouza Sitabuldi, Zone 4, Telipura, Somwar Bazar Block 1, Sitabuldi, Nagpur
Building/Society:Jodhraj Bhawan
Size:72110 Sq. Mtrs.
Auction Description
Bank of Baroda presents a SARFAESI auction for a valuable land parcel in Nagpur, Maharashtra. The auction will take place on November 21, 2025, with bidding open from 02:00 PM to 06:00 PM. The reserve price for this residential land is ₹3,54,88,000, and the Earnest Money Deposit (EMD) required is ₹35,48,800. This is a fantastic opportunity to acquire a substantial plot in a developing area of Nagpur.
Borrower Name:M/s. Mehadia & Sons
Auction Type:SARFAESI Auction
Guarantor Names:M/s Mehadia And Sons (Haryanan Jodhraj), M/s Mehadia And Sons (C&F), M/s RJ Tradelink, Mr.Pradeep Ramchandra Mehadia, Mr. Ramshankar Ramchandra Mehadia, Mrs. Sunita Kamal Agrawal, Mr Vimal Motilal Agrawal, Mrs. Sarita Vimal Agrawal, Mrs. Sharda Ramshankar Mehadia, Mrs. Nisha Pradeep Mehadia
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is land located in Sitabuldi, Nagpur which is a prime area. Given the reserve price and land size, it presents a calculated opportunity for investors. However, due diligence regarding potential encumbrances is essential.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Mrs. Dipika Sondhiya
Contact no:8275966022
