Property for Auction in Padharpur, Solapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614101
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹2,26,78,000
EMD:₹22,67,800
Bid Increment:₹2,27,000
Auction Time:12:00 PM to 5.00 PM
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Union Bank of India presents a prime industrial property for auction in Padharpur, Solapur, Maharashtra. This SARFAESI auction includes a factory land and building, formerly owned by M/s Babar Agro Food Products. Situated in the industrial hub of Solapur, this asset offers a significant opportunity for businesses looking to establish or expand their operations in a well-connected region. The property is suitable for various industrial activities and represents a valuable investment in Maharashtra's growing economy. Don't miss this chance to acquire a substantial industrial asset through a transparent bank auction process.
State:Maharashtra
City:Solapur
Area:Padharpur
Asset Category:Industrials
Full Address:Gut No. 97/1/A3, village Wakhari, Pandharpur, Dist. Solapur, Wakhari, Solapur
Size:1715.00 Sq. Mtr.
Union Bank of India is conducting a SARFAESI auction for a factory land and building located in Padharpur, Solapur, Maharashtra. The auction is scheduled for November 28, 2025, with bidding open from 11:00 AM to 5:00 PM. The reserve price for this industrial asset is ₹2,26,78,000, and the Earnest Money Deposit (EMD) is ₹22,67,800. This is a unique opportunity to purchase a significant industrial property directly from the bank. Interested parties are encouraged to review all auction terms and conditions and conduct their due diligence before participating. Secure your industrial future with this well-positioned property.
Borrower Name:M/s Babar Agro Food Products
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Appasaheb Manohar Babar, Mr. Manohar Uddhavrao Babar, Mrs. Rekha Manohar Babar
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a factory land and building in Solapur, presenting a calculated opportunity. The location in Pandharpur and the type of property makes it an industrial investment possibility. With a reserve price of ₹22678000.0 and symbolic possession, careful due diligence is recommended before bidding.
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
Contact no:8698221258