Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613346
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹37,00,000
EMD:₹3,70,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Ratnagiri, Maharashtra, being auctioned by Punjab National Bank. The property is offered under the SARFAESI Act, representing an opportunity to acquire real estate in a prime location within the city. Ideal for individuals or families seeking a home in Ratnagiri.
State:Maharashtra
City:Ratnagiri
Area:Ratnagiri
Asset Category:Residential
Full Address:4/335, House No. 4/335, Kuvarba, Kuvarba, Ratnagiri
Size:2600 Sq. Ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Ratnagiri, Maharashtra. The auction has a reserve price of ₹3,700,000 and requires an EMD of ₹370,000. The auction will take place on 26-11-2025, starting at 11:00 AM and concluding at 04:00 PM. This is a prime opportunity to bid on a property directly from the bank.
Borrower Name:M/s. Vimal Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Vimal Matsagar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property is a residential flat in Ratnagiri offered at a reasonable reserve price. While the location and size are decent, further due diligence is required, given it's a bank auction with a symbolic possession status. It presents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
