Meerut Godown Auction: Godowns (343.64 sq ft) – Reserve ₹1.25 Cr (7 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Meerut godown auction, offered by Bank of Baroda at a reserve of ₹1.25 Cr. On offer is a godowns in Meerut (PIN 250002), with 343.64 sq ft carpet area. The online auction runs on 7 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹1,24,58,000.

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.

Meerut Godown Auction: Key Highlights

• Reserve price: ₹1,24,58,000 (₹1.25 Cr)
• EMD: ₹12,45,800
• Bid increment: ₹10,000
• Auction: 7 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 7 October 2026, 6:00 PM
• Location: Meerut, Uttar Pradesh
• Possession: Symbolic

Meerut Godown Auction – Complete Details

Auction ID	366877
Bank property ID	BARBBT9D050956027
Bank	Bank of Baroda
Branch	Regional Sarb, Meerut
Property type	Commercial – Godowns
Carpet area	343.64 sq ft
City / District	Meerut
State	Uttar Pradesh
PIN code	250002
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹1,24,58,000
EMD	₹12,45,800
Bid increment	₹10,000
Auto-extension	10 minutes per late bid

About the Location – Meerut

This listing falls in Meerut, Uttar Pradesh, postal code 250002. Uttar Pradesh is seeing fast real-estate growth around Noida, Greater Noida, Lucknow, Kanpur and Prayagraj, helped by new expressways and the Jewar airport project. The handling branch is Regional Sarb, Meerut, which is usually the best contact for site visits and local queries.

Is the Meerut Godown Auction Worth It?

At the reserve price, the property works out to about ₹36,253 per sq ft of carpet area – compare this with recent resale rates in Meerut before you bid. The EMD of ₹12,45,800 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Meerut Godown Auction

• Inspection window: 30 September 2026, 3:00 PM to 30 September 2026, 5:00 PM
• EMD submission opens: 29 September 2026
• Last date for EMD: 7 October 2026, 6:00 PM
• E-auction: 7 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 366877 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8477000776.
4. Pay the EMD of ₹12,45,800 through the BAANKNET wallet before 7 October 2026, 6:00 PM.
5. Log in on 7 October 2026 and bid above the reserve in steps of ₹10,000; 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

• Check whether the plot is freehold or leasehold (MIDC/SIDCO/KIADB etc.) and the transfer charges.
• Inspect machinery, if included, and confirm the inventory.
• Verify pollution, fire and factory licence requirements.
• Check pending electricity, water and statutory dues.
• Read our buying bank auction houses and villas before you bid.

Meerut Godown Auction: FAQs

More BoB and Uttar Pradesh Auctions

• All Bank of Baroda auction listings
• More godown auctions
• Bank auctions in Uttar Pradesh
• Guide: symbolic vs physical possession explained

Source: Auction ID 366877 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.