Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609223
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹27,00,000
EMD:₹2,70,000
Bid Increment:₹100
Auction Time:11.00 A.M. to 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This residential flat is located in the well-connected Bhavani Peth area of Solapur, Maharashtra. Presented for auction by Punjab National Bank, this property offers a great opportunity for homeownership or investment in a developing urban locale. The flat is part of a SARFAESI auction, providing a transparent and structured bidding process.
State:Maharashtra
City:Solapur
Area:Bhavani Peth
Asset Category:Residential
Full Address:F3 F4, Chankeshwara Building, Flat F3 F4, 1st Floor, Chankeshwara Building, H No. 175/A, TP2, Bhawani Peth, Behind Korwal Petrol Pump, Kumbharves, Solapur, Bhawani Peth, Solapur
Building/Society:Chankeshwara Building
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Bhavani Peth, Solapur. The auction has a reserve price of ₹27,00,000 and requires an Earnest Money Deposit (EMD) of ₹2,70,000. Bidding will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. This is a prime opportunity to acquire property through a legitimate bank auction.
Borrower Name:M/s. Shah Agencies
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:88,62,412/- Asst Commissioner of Commercial Taxes (Audit) -5
Why This Property
The property is a flat in a known locality of Solapur, auctioned by a nationalized bank. The encumbrance should be carefully evaluated. Given the reserve price and location, it presents a calculated opportunity.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
