Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612981
Bank Name:Aditya Birla Housing Finance Ltd
Branch Name:Branch Office : Pune
Reserve Price:₹34,41,600
EMD:₹3,44,160
Auction Time:11:00 am to 04:00 pm
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-12
Bid Start Date:2025-12-13
Property Description
This is a residential flat located in Majarewadi, Solapur, Maharashtra. The property is being auctioned by Aditya Birla Housing Finance Ltd due to a borrower default. The flat offers a living space in a well-established area of Solapur. Ideal for individuals or families looking for a home in this region. The auction presents an opportunity to acquire a property through a transparent SARFAESI process.
State:Maharashtra
City:Solapur
Area:Majarewadi
Asset Category:Residential
Full Address:401, Gayatri Palace, FLAT NO. 401, FOURTH FLOOR, GAYATRI PALACE, PLOT NO. 41 IN JAGADAMBA NAGAR, MAJAREWADI, TAL NORTH SOLAPUR, DISTRICT: SOLAPUR, MAHARASHTRA-413008, Majarewadi, Solapur
Building/Society:Gayatri Palace
Size:62.68 sq. mtrs.
Auction Description
Aditya Birla Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Majarewadi, Solapur, Maharashtra. The auction starts on December 13, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is set at ₹34,41,600, with an Earnest Money Deposit (EMD) of ₹3,44,160 required to participate. This is a prime opportunity to bid on a residential property in Solapur.
Borrower Name:PRAKASH ANJAN SHAVANE
Auction Type:SARFAESI Auction
Guarantor Names:UMESH ANJAN SHAVANE
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential opportunity in Solapur at a reasonable reserve price. While not a prime location, the price point and auction terms make it a calculated risk with potential for appreciation. Further due diligence is recommended to assess the local market dynamics.
Contact Details
Branch:Branch Office : Branch Office : Pune
Service Provider:drt.auctiontiger.net
Contact Details:
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