Flat for auction Chinchvali-Shekin, Khopoli Khalapur, Raigad 8 lakh Edelweiss Asset Reconstruction Company Limited

Property for Auction in Khalapur, Raigad, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
31.86 Sq. Mt.
Reserve Price
8,00,000
Reserve Price
8,00,000
EMD Required
80,000
Property Specifications
Society/BuildingSai Residency
Size31.86 Sq. Mt.
Unit No.304
FloorThird Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Khalapur, Raigad
Auction Date IconAuction Date:
20-11-2025 02:00 PM

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: —

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