Wardha MIDC Plot Auction: 6000 Sq M Industrial Plot with Factory Shed – Reserve ₹1.15 Cr (17 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-38
Property Description
Looking for a factory and industrial deal below market rates? The Wardha MIDC plot auction listed by Federal Bank deserves a close look. A 6,000 sq m MIDC leasehold industrial plot with about 8,358 sq ft of factory buildings in Wardha is on offer – a ready base for agro-processing or light manufacturing. The online e-auction is scheduled for 17 October 2026 (11:30 AM to 1:30 PM), with a reserve price of ₹1,15,26,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Wardha MIDC Plot Auction: Key Highlights
- Reserve price: ₹1,15,26,000
- EMD: ₹11,52,600
- Auction date: 17 October 2026, 11:30 AM to 1:30 PM
- Last date for EMD / bid: 16 October 2026, 4:00 PM
- Location: Wardha MIDC, Maharashtra, Maharashtra
Wardha MIDC Plot Auction – Complete Details
| Asset | MIDC leasehold industrial plot with buildings, Wardha |
| Description | MIDC leasehold plot of 6000 sq m with factory buildings and structures of 776.51 sq m |
| Land area | 6000 sq m (64,584 sq ft) |
| Built-up area | 776.51 sq m (8,358 sq ft) |
| Taluk | Wardha |
| District | Wardha |
| Reserve price | ₹1,15,26,000 |
| EMD (10%) | ₹11,52,600 |
| Bid increment | ₹25,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Wadi |
| Mode of sale | Online e-auction |
| E-auction portal | federalbank.auctiontiger.net |
| Encumbrances | None known; purchaser to clear property tax, MIDC and statutory dues |
| Notice date | 25 September 2026 |
About the Location – Wardha MIDC, Maharashtra
Wardha MIDC sits about 75 km south-west of Nagpur in the Vidarbha region, on the Nagpur–Mumbai rail trunk line and close to the Samruddhi Mahamarg expressway interchange. The region is a cotton and soybean hub, which supports ginning, oil extraction and coconut or food-processing units. Being an MIDC leasehold plot, the transfer needs MIDC approval and payment of transfer charges.
Is the Wardha MIDC Plot Auction Worth It?
At about ₹178 per sq ft of land including the factory buildings, the reserve is low compared with the cost of setting up a new unit; budget extra for MIDC transfer fees. Prices in recovery auctions are often attractive, but the real gain comes only after you factor in dues, taxes and transfer costs.
Important Dates for the Wardha MIDC Plot Auction
- Sale notice date: 25 September 2026
- Inspection: 03-10-2026, 1:30 PM to 3:30 PM with prior appointment
- Last date for EMD and bid submission: 16 October 2026 (4:00 PM)
- E-auction: 17 October 2026, 11:30 AM to 1:30 PM
How to Bid in This Federal Bank Auction
- Register on federalbank.auctiontiger.net and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹11,52,600 by RTGS/NEFT and upload the bid form before 16 October 2026.
- Log in on 17 October 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% of bid on acceptance; 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for the survey numbers.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical or symbolic) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our warehouse and godown buying guide before you bid.
Contact the Authorised Officer
| Authorised Officer | Assistant Vice President & Branch Head |
| Office | Federal Bank LCRD Mumbai Division, 134, 13th Floor, Jolly Maker Chamber II, Nariman Point, Mumbai 400021 |
| Phone | +91-8828226729 |
| mumlcrd@federalbank.co.in |
Wardha MIDC Plot Auction: FAQs
What is the reserve price in the Wardha MIDC plot auction?
The reserve price is ₹1,15,26,000. Bids below this amount are not accepted.
When is the Wardha MIDC plot auction scheduled?
The auction is on 17 October 2026 from 11:30 AM to 1:30 PM. EMD and bids must reach the bank by 16 October 2026.
How much EMD is required?
The earnest money deposit is ₹11,52,600, usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More factory and industrial auctions
- Bank auctions in Maharashtra
- Guide: finance options for commercial auctions
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank 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 Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Factories |
|---|---|
| Built-up Area | 776.51 sq m (8,358 sq ft) |
| Land Area | 6000 sq m (64,584 sq ft) |
| Location | Wardha MIDC, Maharashtra, Maharashtra |
| Encumbrances | None known; purchaser to clear property tax, MIDC and statutory dues |
Location Map
Auction Timeline
- 25 Sep 2026Auction Notice Published
- 3 Oct 2026Inspection Ends
- 16 Oct 2026Last Date for EMD Submission
- 17 Oct 2026, 11:30 AM to 1:30 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.