Plot for auction Aghar Bk Malegaon 8 lakh Canara Bank

This is a bank auction of a prime plot of land located in Malegaon, Nashik, Maharashtra. The property is categorized as residential land and is being auctioned by Canara Bank under the SARFAESI Act. This is a great opportunity for investors or individuals looking to build their dream home or develop property in a growing area. The land offers potential for various residential uses.

Canara Bank is conducting an online SARFAESI auction for a residential land parcel in Malegaon, Nashik, Maharashtra. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this asset is ₹7,65,000, with an Earnest Money Deposit (EMD) of ₹76,500 required to participate. This auction presents a unique chance to acquire valuable land directly from the bank. Ensure all prerequisites are met before bidding.

The property is a plot of land in Malegaon being auctioned by Canara Bank. The reserve price is relatively low, but further investigation of the location and market demand is advised before investing. Given it's land, the appreciation potential might be there, but it also carries the risk of slow development.