Factory land and Building for auction Wakhari Solapur 2 Cr Union Bank of India

Property for Auction in Padharpur, Solapur, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
1715.00 Sq. Mtr.
Reserve Price
2,26,78,000
Reserve Price
2,26,78,000
EMD Required
22,67,800
Property Specifications
Size1715.00 Sq. Mtr.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Padharpur, Solapur
Auction Date IconAuction Date:
28-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:27-11-2025 05:00 PM

Bid Start Date:2025-11-28

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar

Service Provider:BAANKNET

Contact Details:

Contact no:8698221258

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