Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609775
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹19,89,000
EMD:₹1,98,900
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, offered for auction by Union Bank of India. The property is situated in the Satara area and is being auctioned under the SARFAESI Act. This is a great opportunity for potential buyers looking for a home in this region.
State:Maharashtra
City:Satara
Area:Satara
Asset Category:Residential
Full Address:S-01, Golden orchid building, Flat No. S-01, Second floor, Golden orchid building, at CTS no 92, Kamathipura Satara, Kamathipura, Satara
Building/Society:Golden orchid building
Size:825 sq Feet
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Satara, Maharashtra. The reserve price for this auction is ₹19,89,000, with an Earnest Money Deposit (EMD) of ₹1,98,900 required. The auction will take place on November 14, 2025, starting at 12:00 PM and concluding at 5:00 PM. This is a prime opportunity to acquire property through a bank auction.
Borrower Name:Mr Shridhar Vithal Ghorpade
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ashwini Shridhar Ghorpade
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Satara presents a reasonable investment opportunity due to its location and price. However, further due diligence regarding the property's condition and local market conditions is advisable before making a bid. The physical possession status adds some value.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
