Muzaffarnagar Plot Auction: Plot (508.3 sq ft) – Reserve ₹43 Lakh (15 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-367776
Property Description
The Muzaffarnagar plot auction listed by Bank of Maharashtra on the BAANKNET e-auction portal is one of the upcoming residential plot opportunities in Uttar Pradesh. On offer is a plot in Muzaffarnagar (PIN 251001), with 508.3 sq ft carpet area. The online auction runs on 15 October 2026 (1:00 PM to 5:00 PM) with a reserve price of ₹43,00,000.
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.
Table of Contents
Table of Contents
Muzaffarnagar Plot Auction: Key Highlights
- Reserve price: ₹43,00,000 (₹43 Lakh)
- EMD: ₹4,30,000
- Bid increment: ₹10,000
- Auction: 15 October 2026, 1:00 PM to 5:00 PM
- Last date for EMD: 15 October 2026, 3:00 PM
- Location: Muzaffarnagar, Uttar Pradesh
- Possession: Symbolic
Muzaffarnagar Plot Auction – Complete Details
| Auction ID | 367776 |
| Bank property ID | MAHBNewFrontierPlot |
| Bank | Bank of Maharashtra |
| Branch | Muzaffarnagar |
| Property type | Residential – Plot |
| Carpet area | 508.3 sq ft |
| City / District | Muzaffarnagar |
| State | Uttar Pradesh |
| PIN code | 251001 |
| Type of possession | Symbolic |
| Type of action | Under SARFAESI |
| Reserve price | ₹43,00,000 |
| EMD | ₹4,30,000 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Muzaffarnagar
The property is located in Muzaffarnagar, Uttar Pradesh (PIN 251001). 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 Muzaffarnagar, which is usually the best contact for site visits and local queries.
Is the Muzaffarnagar Plot Auction Worth It?
At the reserve price, the property works out to about ₹8,460 per sq ft of carpet area – compare this with recent resale rates in Muzaffarnagar before you bid. The EMD of ₹4,30,000 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. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.
Important Dates for the Muzaffarnagar Plot Auction
- EMD submission opens: 1 October 2026
- Last date for EMD: 15 October 2026, 3:00 PM
- E-auction: 15 October 2026, 1:00 PM to 5:00 PM
- Auto-extension: 10 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 367776 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 8528221703.
- Pay the EMD of ₹4,30,000 through the BAANKNET wallet before 15 October 2026, 3:00 PM.
- Log in on 15 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
- Obtain the encumbrance certificate and verify the title chain.
- Confirm land use or zoning and road access on site.
- Check the survey sketch, boundaries and any encroachment.
- Verify that property tax and other local dues are clear.
- Read our auction property due diligence checklist before you bid.
Muzaffarnagar Plot Auction: FAQs
What is the reserve price in the Muzaffarnagar plot auction?
The reserve price is ₹43,00,000. Bids below the reserve price are not accepted.
When is the Muzaffarnagar plot auction scheduled?
The e-auction is on 15 October 2026 from 1:00 PM to 5:00 PM. The last date for EMD is 15 October 2026, 3:00 PM.
How much EMD is required?
The earnest money deposit is ₹4,30,000. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Muzaffarnagar, Uttar Pradesh – 251001.
Where can I see the official sale notice?
Search Auction ID 367776 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BoM and Uttar Pradesh Auctions
- All Bank of Maharashtra auction listings
- More residential plot auctions
- Bank auctions in Uttar Pradesh
- Guide: reserve price bidding strategy
Source: Auction ID 367776 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Maharashtra 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 Maharashtra. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Residential Plots |
|---|---|
| Land Area | 508.3 sq ft |
| Location | Muzaffarnagar, Muzaffarnagar, Uttar Pradesh |
| Possession | Symbolic |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 1 Oct 2026Auction Notice Published
- 15 Oct 2026Last Date for EMD Submission
- 15 Oct 2026, 1:00 PM to 5:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- 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.