Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613965
Bank Name:IDBI Bank
Branch Name:Retail Recovery
Reserve Price:₹53,60,000
EMD:₹5,36,000
Service Provider:Bankeauctionwizard
Important Dates
Submission Date:06-12-2025 05:00 PM
Bid Start Date:2025-12-08
Property Description
This is a residential flat located in Karanje, Satara, Maharashtra. The property is being auctioned by IDBI Bank under SARFAESI rules. It presents a valuable opportunity for homebuyers or investors in the Satara region. Detailed property inspection information will be available to interested bidders.
State:Maharashtra
City:Satara
Area:Karanje
Asset Category:Residential
Full Address:F-8, Rajdeep Complex, Flat No-F-8, First Floor with Car parking at Rajdeep Complex, R.S.No.308/Plot No 2, Bassapa Peth, Near Yeshwant Hospital, Mouje Karanje Turf, Taluka & District-Satara, Karanje Turf, Satara
Building/Society:Rajdeep Complex
Auction Description
IDBI Bank is conducting an online SARFAESI auction for a residential flat in Karanje, Satara, Maharashtra. The auction will take place on December 8, 2025, from 10:00 AM to 12:00 PM. The reserve price for this auction is INR 53,60,000, with an Earnest Money Deposit (EMD) of INR 5,36,000 required to participate. This is a unique chance to acquire a property directly from the bank at a competitive price.
Borrower Name:Mr. Sachin Ramchandra Kadam
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Snehal Sachin Kadam
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a residential flat in Karanje, Satara. The reserve price is moderate, and the location is acceptable. However, further due diligence is needed to assess the property's true market value and potential risks associated with the auction.
Contact Details
Branch:Branch Office : Retail Recovery
Service Provider:Bankeauctionwizard
Contact Details:
Shri. Ajay Kumar, AGM
Contact no:8097041014
