Plot for auction Faizpur Jalgaon 35 lakh Indian Overseas Bank

This SARFAESI auction presents a unique opportunity to acquire a piece of land in Yawal, Jalgaon, Maharashtra. The property is categorized as residential and is being auctioned by Indian Overseas Bank. The land is offered without any existing structures, providing a blank canvas for development. Located in a developing region, it holds potential for future appreciation and various residential projects. The property is accessible and situated within the Yawal area of Jalgaon.

Indian Overseas Bank is conducting a SARFAESI auction for a residential land parcel in Yawal, Jalgaon, Maharashtra. The auction will commence on November 15, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. The reserve price for this land is set at ₹34,91,000, with an Earnest Money Deposit (EMD) of ₹3,49,100 required to participate. This is a direct opportunity to bid on a valuable plot of land, with the borrower identified as M/S Lotus. Interested parties are advised to review all auction terms and conditions prior to bidding.

The property offers a decent opportunity given its location in Yawal and the relatively low reserve price. However, the symbolic possession status introduces some risk. Further due diligence is advised before bidding.