Plot for Auction Minimata Nagar Bhandewadi Nagpur 22.2 Lakh by Bank of India
Minimata Nagar, Bhandewadi, Nagpur
Area: 41.81 Sq.mtr.
Plot No. 955, Minimata Nagar, near Lata Mangeshkar NIT Garden and Rajiv Gandhi School, Post Bhandewadi, Nagpur, Maharashtra
Bank of India · Zonal Office : nagpur
Reserve price
₹22,20,000
EMD ₹2,22,000
Auction date
09 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 41.81 Sq.mtr.
- ▸Locality: Minimata Nagar, Bhandewadi
- ▸Reserve: ₹22,20,000
- ▸EMD: ₹2,22,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Minimata Nagar, Bhandewadi |
| Built-up / plot area | 41.81 Sq.mtr. |
| Lender | Bank of India |
| Branch | Zonal Office : nagpur |
| Unit / flat no. | Plot No. 955 |
| Building / society | EIAS scheme, NIT |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Minimata Nagar, Bhandewadi, Nagpur by Bank of India — reserve price ₹22,20,000, 41.81 Sq.mtr., Symbolic possession.
Discover a valuable bank auction property in Nagpur, Maharashtra. This residential plot, bearing Plot No. 955 and admeasuring 41.81 Sq.mtr. (450 Sq.ft.), comes with a constructed house. Located in the EIAS scheme, NIT Kh No 5 of Mouza Pardi, Minimata Nagar, near Lata Mangeshkar NIT Garden and Rajiv Gandhi School, Post Bhandewadi, it falls within the limits of NMC and NIT. The property is owned by Mr. Chetan Changdev Bhivgade. The reserve price is set at ₹2,220,000.0, with an EMD of ₹222,000.0. E-auction is scheduled for July 9, 2024, from 11:00 AM to 05:00 PM. Property inspection is available until July 8, 2024. This is an excellent opportunity for potential homeowners or investors seeking a residential plot for sale in Nagpur.
GeoSquare note: This property is a fair option due to its residential nature (plot with house) and a reasonable reserve price for the Nagpur market. The location in Minimata Nagar, Bhandewadi, near key landmarks, offers good potential for development. However, the 'Symbolic' possession status reduces its appeal and rating, as the buyer will need to undertake efforts for physical possession, adding a layer of complexity and potential delay.
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