Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609762
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹19,89,000
EMD:₹1,98,900
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
This is a residential flat located in Satara, Maharashtra, being auctioned by Union Bank of India under SARFAESI rules. The property is associated with borrower Mr Dattatray Arun Shinde. It is situated in the city of Satara.
State:Maharashtra
City:Satara
Area:Satara
Asset Category:Residential
Full Address:F-02 & S-02, CTS no 92 in Kamalipura satara, Kamalipura, Satara
Size:825 sq fest
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Satara, Maharashtra. The auction will commence on November 14, 2025, at 12:00 PM and conclude at 05:00 PM on the same day. The reserve price for this property is INR 19,89,000, with an Earnest Money Deposit (EMD) of INR 1,98,900 required to participate.
Borrower Name:Mr Dattatray Arun Shinde
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity due to its location in Satara and the physical possession status. The price point is relatively accessible, but potential investors should carefully evaluate the locality's growth potential and conduct thorough due diligence. The auction terms are standard, making it a calculated risk.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
