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

Land for Auction Somalwada Nagpur 44.5 Lakh by Canara Bank

Somalwada, Nagpur

Area: 64.828 sq. mtrs

Awadh-III, Near Manish Nagar, Somalwada, Nagpur, Maharashtra

Canara Bank · Asset Recovery Management Branch

Reserve price

₹44,50,000

EMD ₹4,45,000

Auction date

08 Oct 2026, 12:00 PM

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Quick read

  • ▸Area: 64.828 sq. mtrs
  • ▸Locality: Somalwada
  • ▸Reserve: ₹44,50,000
  • ▸EMD: ₹4,45,000

Auction snapshot

Possession—
Property typeLand · Residential
LocalitySomalwada
Built-up / plot area64.828 sq. mtrs
LenderCanara Bank
BranchAsset Recovery Management Branch
Unit / flat no.Apartment No. 401
Building / societyAwadh-III
FloorFourth Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Land bank auction in Somalwada, Nagpur by Canara Bank — reserve price ₹44,50,000, 64.828 sq. mtrs.

Participate in this prime bank auction property sale featuring a residential flat in the sought-after locality of Somalwada, Nagpur. Located in the Awadh-III building near Manish Nagar, this 4th-floor unit offers a total area of 64.828 sq. mtrs, including an enclosed balcony and open balcony spaces. The property is being auctioned by Canara Bank to recover outstanding dues from M/s Rahul Agro Industries. This is an excellent opportunity for investors and homebuyers looking for a well-located residential space in Nagpur. The auction is scheduled for 07-10-2026 with a reserve price of ₹44,50,000. Don't miss out on this chance to acquire a valuable asset at a competitive price through the official Canara Bank e-auction process.

GeoSquare note: The property is located in a well-connected residential area of Nagpur (Near Manish Nagar), making it highly desirable for end-users. With a reasonable reserve price for a 64.828 sq. mtrs apartment and clear title status declared by the bank, it represents a strong investment opportunity. The auction process is well-defined, providing transparency for prospective buyers.

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