Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611600
Bank Name:Saraswat co-op. Bank Ltd.
Branch Name:Panaji, Goa
Reserve Price:₹13,00,000
EMD:₹1,30,000
Bid Increment:₹25,000
Auction Time:3.00 p.m. to 5.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-27
Property Description
This is a residential flat located in Sawantwadi, Sindhudurg, Maharashtra. The property is being auctioned by Saraswat Co-op. Bank Ltd. under the SARFAESI Act. It represents an opportunity to acquire a flat in a developing area.
State:Maharashtra
City:Sindhudurg
Area:Sawantwadi
Asset Category:Residential
Full Address:203, CHAITANNYA RESIDENCY, AT MAUJE MAJGAON, TAL-SAWANTWADI, DIST -SINDHUDURG SITUATED AT PLOT BEARING SURVEY NO. 61 OLD 65 HISSA No 13 B, Majgaon, Sawantwadi
Building/Society:CHAITANNYA RESIDENCY
Size:550 SQ. FTS.
Auction Description
Saraswat Co-op. Bank Ltd. is conducting a SARFAESI auction for a residential flat in Sawantwadi, Sindhudurg, Maharashtra. The auction will take place on November 27, 2025, from 3:00 PM to 5:00 PM. The reserve price for this auction is ₹13,00,000, with an Earnest Money Deposit (EMD) of ₹1,30,000 required to participate.
Borrower Name:Mr. Abrar Ismail Shaikh.
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vikas Laxman Mhadeshwar, Mr. Vijay Mohan Nemlekar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a calculated opportunity due to its location in Sawantwadi and the relatively affordable reserve price. While not a prime investment, it presents a decent option for those familiar with the local market. Potential buyers should carefully consider the property's condition and conduct due diligence before bidding.
Contact Details
Branch:Branch Office : Panaji, Goa
Service Provider:Public Auction
Contact Details:
Contact no: —
