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Commercial in Nagpur

Nagpur

Reserve price
₹17.56 L
Auction date
17 Mar 2026
11:00 AM
EMD deadline
16 Dec 2025
2:30 PM
Bid increment
₹25,000.00

Location details

Property Address
Block/Unit No. S-12 covering Built-up Area 15.607 Sq. Mtrs., on the Second Floor in the Building known and styled as "Ginger Square" situated at Main Bus Stop, Jaripatka, Nagpur, built on NMC Land admeasurements 5983.00 Sq. Mtrs., bearing City Survey No. 1049, Sheet No. 29 & 23 of Mouza- Jaripatka, within city limits of Nagpur Municipal Corporation and Nagpur Improvement Trust, Nagpur and Tah & District Nagpur
City: Nagpur
District: Nagpur
State: Maharashtra
Pin Code: 440014
Country: India
Carpet Area: 15.6 sq m

Auction timeline

Auction starts
17 Mar 2026 at 11:00 AM
Auction ends
17 Mar 2026 at 3:00 PM
EMD submission deadline
16 Dec 2025 at 2:30 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Area
15.6 sq m
(Carpet)
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹18.48 L
Property Identifiers
Bank Property ID
MAHBGAURAVPETROLEUMS12

Property Images

Price history

3 previous auctions
₹18.5L16 Dec₹16.6L₹17.6LNow 5.0% down
₹16,63,200.00
17 Feb 2026
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical
₹17,55,600.00
15 Jan 2026
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical
₹18,48,000.00
16 Dec 2025
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical

Borrower & Loan details

Borrower Name
Gaurav Petroleum
Registered Address of Borrower
Over Bridge 112 Adiwasi Nagar, Gondwana Chowk,S O Katol Road Nagpur Maharashtra 440013
Owner
Gaurav Raju Madavi & Gita Raju Madavi
Co-Borrower(s)
Gaurav Raju Madavi,
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
40268765581

Additional details

Description
Block/Unit No. S-12 covering Built-up Area 15.607 Sq. Mtrs., on the Second Floor in the Building known and styled as "Ginger Square" situated at Main Bus Stop, Jaripatka, Nagpur, built on NMC Land admeasurements 5983.00 Sq. Mtrs., bearing City Survey No. 1049, Sheet No. 29 & 23 of Mouza- Jaripatka, within city limits of Nagpur Municipal Corporation and Nagpur Improvement Trust, Nagpur and Tah & District Nagpur, is bounded as under :- North : Wall of S-13, East : Wall of S-14, West : Facing Opening Shop, South : Wall of Cut-Out

EMD Schedule

EMD Start
26 Feb 2026
3:51 PM
EMD Deadline
17 Mar 2026
2:30 PM
Payment Deadline
16 Dec 2025

Officer Details

Authorized Officer
Kailash Panchelal Ahirwar
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
MAHBGAURAVPETROLEUMS12
Bank of Maharashtra logo
Bank of Maharashtra
Verified seller
Branch: NAGPUR-DEONAGAR
IFSC: MAHB

Bank contact

+91 80779 53062
Branch Address
TAMBE'S BLDG,L.I.C.COLONY,DEONAGAR,NAGPUR
Branch IFSC
MAHB0000240
Department
NAGPUR-DEONAGAR