Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609205
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹34,20,000
EMD:₹3,42,000
Bid Increment:₹2,500
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 Jule, Solapur, Maharashtra. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It presents a unique opportunity for homebuyers or investors seeking a property in a developing area. The flat is part of a residential asset category and is offered at a reserve price of INR 34,20,000. The earnest money deposit (EMD) required is INR 3,42,000.
State:Maharashtra
City:Solapur
Area:Jule
Asset Category:Residential
Full Address:304, Shree Bhagwati Tower Apartment, Flat No. 304, 3rd Floor, Shree Bhagwati Tower Apartment, Plot No. 45A+45B, Plot No 93 (As per 7/12), Old Survey No 315/2B, New Survey No. 129/2B, Majrewadi, Near Dawat Hotel, Jule, Majrewadi, Jule, Solapur
Building/Society:Shree Bhagwati Tower Apartment
Size:80.49 Sq. Mtrs
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Jule, Solapur, Maharashtra. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this property is INR 34,20,000, with an EMD of INR 3,42,000. This is a fantastic chance to acquire a property through a transparent bank auction process.
Borrower Name:M/s. Mahalaxmi Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Solapur, with a reasonable reserve price. While the location is specified, further due diligence is advisable. This represents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
