Hingoli House Auction: Individual House (288 sq ft) – Reserve ₹2.31 Cr (16 Oct 2026)

Verified Listing Auction Closed

Property ID: BKN-365756

Hingoli, Maharashtra View on Map
Bank of Baroda Regional Sarb, Amravati View Bank Profile
TypeIndependent Houses
Land Area288 sq ft
PossessionPhysical
StatusAuction Sale
Reserve Price₹ 2,31,30,000
EMD₹ 23,13,000
Auction Date16 Oct 20262:00 PM to 6:00 PM

Property Description

The Hingoli house auction listed by Bank of Baroda on the BAANKNET e-auction portal is one of the upcoming house opportunities in Maharashtra. On offer is a individual house in Hingoli (PIN 431513), with 288 sq ft carpet area. The online auction runs on 16 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹2,31,30,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Hingoli House Auction – Hingoli

Hingoli House Auction: Key Highlights

  • Reserve price: ₹2,31,30,000 (₹2.31 Cr)
  • EMD: ₹23,13,000
  • Bid increment: ₹25,000
  • Auction: 16 October 2026, 2:00 PM to 6:00 PM
  • Last date for EMD: 16 October 2026, 5:30 PM
  • Location: Hingoli, Maharashtra
  • Possession: Physical

Hingoli House Auction – Complete Details

Auction ID365756
Bank property IDBARB61422026359
BankBank of Baroda
BranchRegional Sarb, Amravati
Property typeResidential – Individual House
Carpet area288 sq ft
City / DistrictHingoli
StateMaharashtra
PIN code431513
Type of possessionPhysical
Type of actionUnder SARFAESI
Reserve price₹2,31,30,000
EMD₹23,13,000
Bid increment₹25,000
Auto-extension10 minutes per late bid

About the Location – Hingoli

The property is located in Hingoli, Maharashtra (PIN 431513). Maharashtra is India’s largest real-estate market, led by the Mumbai Metropolitan Region, Pune and Nagpur, and backed by strong industrial corridors such as the Samruddhi Mahamarg and the Mumbai–Pune belt. The handling branch is Regional Sarb, Amravati, which is usually the best contact for site visits and local queries.

Is the Hingoli House Auction Worth It?

At the reserve price, the property works out to about ₹80,313 per sq ft of carpet area – compare this with recent resale rates in Hingoli before you bid. The EMD of ₹23,13,000 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the Hingoli House Auction

  • Inspection window: 8 October 2026, 10:00 AM to 8 October 2026, 5:00 PM
  • EMD submission opens: 27 September 2026
  • Last date for EMD: 16 October 2026, 5:30 PM
  • E-auction: 16 October 2026, 2:00 PM to 6:00 PM
  • Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

  1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
  2. Search for Auction ID 365756 and download the sale notice and terms.
  3. Inspect the property during the inspection window by calling the branch contact on 7028680735.
  4. Pay the EMD of ₹23,13,000 through the BAANKNET wallet before 16 October 2026, 5:30 PM.
  5. Log in on 16 October 2026 and bid above the reserve in steps of ₹25,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

  • Obtain the encumbrance certificate and verify the title.
  • Check pending property tax, electricity and water dues.
  • Confirm the possession status and whether the property is occupied.
  • Verify the approved plan and the condition of the building.
  • Read our buying bank auction houses and villas before you bid.

Hingoli House Auction: FAQs

What is the reserve price in the Hingoli house auction?

The reserve price is ₹2,31,30,000. Bids below the reserve price are not accepted.

When is the Hingoli house auction scheduled?

The e-auction is on 16 October 2026 from 2:00 PM to 6:00 PM. The last date for EMD is 16 October 2026, 5:30 PM.

How much EMD is required?

The earnest money deposit is ₹23,13,000. It is refunded to unsuccessful bidders.

Where is the property located?

It is in Hingoli, Maharashtra – 431513.

Where can I see the official sale notice?

Search Auction ID 365756 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.

More BoB and Maharashtra Auctions

Source: Auction ID 365756 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.

“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Bank of Baroda. Interested bidders are advised to inspect the asset and verify all details before participating.”

Property Details

TypeIndependent Houses
Land Area288 sq ft
LocationHingoli, Hingoli, Maharashtra
PossessionPhysical
EncumbrancesPlease refer to the sale notice

Location Map

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Auction Timeline

  1. 27 Sep 2026Auction Notice Published
  2. 8 Oct 2026Inspection Starts
  3. 8 Oct 2026Inspection Ends
  4. 16 Oct 2026Last Date for EMD Submission
  5. 16 Oct 2026, 2:00 PM to 6:00 PMe-Auction (Online Bidding)
  6. Post AuctionHighest Bidder Intimation
  7. Within Specified TimePayment & Documentation

Important Information

  • The asset will be sold to the highest bidder subject to confirmation by the bank.
  • Bidders must remit the EMD before the last date mentioned in the sale notice.
  • The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
  • For detailed terms and conditions, please refer to the official bank sale notice.
  • This is a bank e-auction and not a private sale.
  • eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.

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