Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609781
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹34,10,000
EMD:₹3,41,000
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
A residential flat located in Satara, Maharashtra, is being auctioned by Union Bank of India. This property is part of a SARFAESI auction and is offered with a reserve price of ₹34,10,000. The earnest money deposit (EMD) required is ₹3,41,000. The flat is associated with borrower Mr. Amar Vasantrao Bendre.
State:Maharashtra
City:Satara
Area:Satara
Asset Category:Residential
Full Address:01, SAI SHRADDHA apartment at Chandrabhaga City Garden City, Flat No.01, SAI SHRADDHA apartment at Chandrabhaga City Garden City constructed on plot No.6 in CTS No. 144, 145 and 146 Godoli, Godoli, Satara
Building/Society:SAI SHRADDHA apartment at Chandrabhaga City Garden City
Size:674 sq.ft.carpet area
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Satara, Maharashtra. The auction will take place on November 14, 2025, starting at 12:00 PM and concluding at 5:00 PM. The reserve price for this auction is ₹34,10,000, with an Earnest Money Deposit (EMD) of ₹3,41,000 required to participate. This is a prime opportunity to acquire a property in Satara.
Borrower Name:Mr Amar Vasantrao Bendre
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sujata Amar Bendre, Mr. Akash Vasantrao Bendre, Mr. Kiran Shankarrao Kadam
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its residential nature in Satara. The reserve price seems reasonable for the area, but further investigation into the locality's market dynamics is advised. The symbolic possession status and unknown encumbrances introduce a degree of risk that needs careful consideration.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
