Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609204
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹24,30,000
EMD:₹2,43,000
Bid Increment:₹25,000
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 is a residential flat located in Jule, Solapur, Maharashtra. The property is being auctioned by Punjab National Bank.
State:Maharashtra
City:Solapur
Area:Jule
Asset Category:Residential
Full Address:T-1, Ishwari Apartment, Waman Nagar Condominium, Survey No 154/153/1, Plot No. 18, Majrewadi, Near KLE School, Jule Solapur, Solapur -413004, Jule, Solapur
Building/Society:Ishwari Apartment, Waman Nagar Condominium
Size:57.28 Sq. Mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Jule, Solapur. The auction will start on November 26, 2025, at 11:00 AM and end at 04:00 PM on the same day. The reserve price is INR 24,30,000, with an Earnest Money Deposit (EMD) of INR 2,43,000 required. The property was previously owned by M/s. Mahalaxmi Traders.
Borrower Name:M/s. Mahalaxmi Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in a developing locality of Solapur, offered at a reasonable reserve price. While the location offers good accessibility, the auction terms require careful evaluation. This presents a calculated investment opportunity for potential buyers.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
