Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613813
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹8,00,000
EMD:₹80,000
Auction Time:2:00 PM
Service Provider:edelweiss arc
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Khalapur, Raigad, Maharashtra. It is part of a bank auction being conducted by Edelweiss Asset Reconstruction Company Limited. The property is offered under the SARFAESI Act. The borrower associated with this asset is Mr. Sanjay Bapurao Deshmukh.
State:Maharashtra
City:Raigad
Area:Khalapur
Asset Category:Residential
Full Address:304, Sai Residency, Flat No.-304, 'B' Wing of the building named "Sai Residency" standing upon the non-agriculture land bearing Plot No.10 & 12. Survey No.56+57+58, bearing C.T.S. No:- 1660, 1662, 1663, 1780, Chinchvali-Shekin, Khopoli, Khalapur, Raigad
Building/Society:Sai Residency
Size:31.86 Sq. Mt.
Auction Description
Edelweiss Asset Reconstruction Company Limited is holding a SARFAESI auction for a residential flat in Khalapur, Raigad, Maharashtra. The auction is scheduled to begin on November 20, 2025, at 02:00 PM and will conclude at 05:00 PM on the same day. The reserve price for this auction is INR 800,000.0, with an Earnest Money Deposit (EMD) of INR 80,000.0 required to participate.
Borrower Name:Mr. Sanjay Bapurao Deshmukh
Auction Type:SARFAESI Auction
Guarantor Names:Samar Satyabrata Nayak
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Khalapur, a developing area of Raigad district. The reserve price is relatively low, offering potential for value appreciation, but requires careful consideration of local market dynamics and potential for future development. The auction terms are standard, and the property type is suitable for residential purposes.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no: —
