Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614521
Bank Name:Canara Bank
Branch Name:Regional Office : Pune
Reserve Price:₹12,75,00,000
EMD:₹1,27,50,000
Auction Time:12:00 pm to 1:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a commercial property located in Rahata, Ahmednagar, Maharashtra. The property is being auctioned by Canara Bank under SARFAESI rules. It is a valuable asset situated in a key area of Ahmednagar. Ideal for business ventures seeking a prime location with significant potential.
State:Maharashtra
City:Ahmednagar
Area:Rahata
Asset Category:Commercial
Full Address:Commercial NA Plot No. 1, Sai Niwara Township, Sai Niwara Township, Off Shirdi-Shanishignapur Road (Pimpalwadi Road), Village Rui, Taluka Rahata, Dist. Ahmednagar-423109 in Hissa No. 4 out of Gat No. 303 + 305 + 308-B and 312-B, Sai Niwara Township, Ahmednagar
Building/Society:Sai Niwara Township
Size:12757.65 SqMtr
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial property in Rahata, Ahmednagar, Maharashtra. The auction will take place on November 28, 2025, between 12:00 PM and 01:00 PM. The reserve price for this auction is ₹12,75,00,000, with an Earnest Money Deposit (EMD) of ₹1,27,50,000 required to participate. This presents a unique opportunity to acquire a substantial commercial asset.
Borrower Name:M/s Trillion Real Estate and Properties (India) Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ashruba Shrirang Garad, Mrs. Jaya Ashruba Garad, Mr. Somnath Vaijanath Sakre, Mr. Sandeep Omprakash Koyate
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large-scale commercial project in a developing area, presenting both potential and risk. The high reserve price and constructive possession indicate a longer-term investment horizon. While the location is promising, the 'under construction' status warrants a cautious approach.
Contact Details
Branch:Branch Office : Regional Office : Pune
Service Provider:BAANKNET
Contact Details:
Contact no: —
