Warora Plot Auction: Plot (245.75 sq ft) – Reserve ₹4.05 Lakh (15 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Warora plot auction, offered by Bank of Maharashtra at a reserve of ₹4.05 Lakh. On offer is a plot in Warora, Chandrapur (PIN 442907), with 245.75 sq ft carpet area. The online auction runs on 15 October 2026 (11:00 AM to 3:00 PM) with a reserve price of ₹4,05,000.

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.

Warora Plot Auction: Key Highlights

• Reserve price: ₹4,05,000 (₹4.05 Lakh)
• EMD: ₹40,500
• Bid increment: ₹25,000
• Auction: 15 October 2026, 11:00 AM to 3:00 PM
• Last date for EMD: 15 October 2026, 2:00 PM
• Location: Warora, Chandrapur, Maharashtra
• Possession: Physical

Warora Plot Auction – Complete Details

Auction ID	367358
Bank property ID	MAHBSHABBIR56
Bank	Bank of Maharashtra
Branch	Assetrecoverybranch,nagpur
Property type	Residential – Plot
Carpet area	245.75 sq ft
City / District	Warora, Chandrapur
State	Maharashtra
PIN code	442907
Type of possession	Physical
Type of action	Under SARFAESI
Reserve price	₹4,05,000
EMD	₹40,500
Bid increment	₹25,000
Auto-extension	5 minutes per late bid

About the Location – Warora

The property is located in Warora, Chandrapur district, Maharashtra (PIN 442907). 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 Assetrecoverybranch,nagpur, which is usually the best contact for site visits and local queries.

Is the Warora Plot Auction Worth It?

At the reserve price, the property works out to about ₹1,648 per sq ft of carpet area – compare this with recent resale rates in Warora before you bid. The EMD of ₹40,500 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 Warora Plot Auction

• EMD submission opens: 30 September 2026
• Last date for EMD: 15 October 2026, 2:00 PM
• E-auction: 15 October 2026, 11:00 AM to 3:00 PM
• Auto-extension: 5 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 367358 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9860741699.
4. Pay the EMD of ₹40,500 through the BAANKNET wallet before 15 October 2026, 2:00 PM.
5. Log in on 15 October 2026 and bid above the reserve in steps of ₹25,000; each late bid extends the auction by 5 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.

Warora Plot Auction: FAQs

More BoM and Maharashtra Auctions

• All Bank of Maharashtra auction listings
• More residential plot auctions
• Bank auctions in Maharashtra
• Guide: reserve price bidding strategy

Source: Auction ID 367358 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.