2nd floor flat in Sawangi: Hero Housing Finance auction

The reserve is ₹16,42,000 and the earnest-money deposit (EMD) is ₹1,64,200. The published submission deadline is 26 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Register on bankeauctions.com.

Pay the EMD by demand draft, pay order, IMPS, NEFT or RTGS in favour of Hero Housing Finance Ltd, and deliver the signed bid form with the EMD proof and KYC documents (self-attested PAN card plus identity and residence proof) in a sealed envelope marked “Offer for Purchase of the Immovable Property” to First Floor, Raghuveer Complex, opposite District Court, Adalat Road, Chhatrapati Sambhajinagar (Aurangabad) 431005 by 26 November 2026, 5:00 PM IST.

Originals may be demanded for verification. The bid pack lets the authorised officer decide who takes part in inter-se bidding; it does not set out age, nationality or entity eligibility, and registration alone does not establish eligibility.

The lender’s sale notice says it has taken physical possession. Arrange and confirm inspection with the authorised officer; see the auction and payment timeline for the full inspection note. Ask Hero Housing Finance’s authorised officer before you pay the EMD.

The notice’s bid form gives two payment clocks. Its general terms (clauses 30–31) require 25% of the price, including the EMD, within 24 hours of the auction and the remaining 75% within 15 days of the auction, extendable in writing for up to three months.

The bidder’s covering letter in the same form says 25% on the auction date or next working day and 75% within 15 days of sale confirmation. Plan for the earlier clock and get the governing deadline in writing.

A written extension beyond 15 days attracts 24% a year interest on the unpaid balance. Default forfeits all amounts paid.

The bid form says unsuccessful bidders’ EMDs are ordinarily refunded on the auction date or within such time as Hero decides, without interest.

The notice states no encumbrance known to the secured creditor. Bidders must check title, encumbrances, claims and dues themselves; Hero is not responsible for third-party claims or dues. Stamp duty, registration and transfer costs fall on the buyer.

Hero’s notice records physical possession taken by its authorised officer. The sale is on as-is, where-is, whatever-there-is and without-recourse terms; Hero is not responsible for third-party claims. Bids cannot be withdrawn or changed. Check occupation, title, boundaries and dues before bidding.

Increments follow the reserve band in the notice: ₹15,000 for this reserve. The notice describes “limited” ten-minute extensions without stating a count, while bankeauctions.com shows unlimited ten-minute extensions; either way the end time is only scheduled.