Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611013
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹31,00,000
EMD:₹3,10,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A residential flat located in Satara, Maharashtra, is being auctioned by Canara Bank. This property is offered under the SARFAISI Act. The property is situated in the city of Satara, providing convenient access to local amenities. Ideal for individuals or families seeking a home in a well-established area.
State:Maharashtra
City:Satara
Area:Satara
Asset Category:Residential
Full Address:24, Plot no. 24 of the R.S. no.71/1/2 & its Grampanchayat kat no. 1063 & 1119 situated at Khed Satara. Tal and Dist., Khed, Satara
Size:184.88 sq. mtrs
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential flat in Satara, Maharashtra. The auction will take place on November 25, 2025, starting at 12:00 PM and concluding at 01:00 PM. The reserve price for this property is ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. This is a significant opportunity to acquire property directly from the bank.
Borrower Name:M/s Arvind Kirara Steres
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Santosh Shrihari Ovhal
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent location in Satara and is priced reasonably. However, the symbolic possession status introduces some risk. A calculated approach is advised, considering the property's value against the potential challenges of securing full possession.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
