Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609493
Bank Name:India Shelter Finance Corporation Limited
Branch Name:Registered Office : Haryana
Reserve Price:₹12,00,000
EMD:₹1,20,000
Bid Increment:₹10,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-05-26
Property Description
This is a residential flat located in Karad, Satara, Maharashtra, being auctioned by India Shelter Finance Corporation Limited. The property is part of a SARFAESI auction, indicating it's being sold due to loan default. The borrower is MR./MRS. Ankita Aakash Sathe. This auction presents an opportunity to acquire a flat in the Satara region.
State:Maharashtra
City:Satara
Area:Karad
Asset Category:Residential
Full Address:101, Samrat Apartment, Flat no. 101, Samrat Apartment, S/Gat No.9/5+6+7 NA Plot No.21, Grampanchayat Assessment property No. 960/5, Koyana Vasahat, Koyana Vasahat, Karad
Building/Society:Samrat Apartment
Size:625 Sq Ft
Auction Description
India Shelter Finance Corporation Limited is conducting a SARFAESI auction for a residential flat in Karad, Satara, Maharashtra. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 01:00 PM on the same day. The reserve price for this property is ₹1,200,000, with an Earnest Money Deposit (EMD) of ₹120,000 required to participate. This is a timed online auction.
Borrower Name:MR./MRS. Ankita Aakash Sathe
Auction Type:SARFAESI Auction
Guarantor Names:MR./MRS. Aakash Sunil Sathe
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Karad, Maharashtra, offered at a reasonable reserve price with clear auction terms. While not a prime metro location, it presents a calculated opportunity for local investors or individuals seeking affordable housing. The 'Physical' possession status adds to its appeal.
Contact Details
Branch:Branch Office : Registered Office : Haryana
Service Provider:Public Auction
Contact Details:
Prakash Tandulkar
Contact no:7447426676
