Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613355
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹19,60,000
EMD:₹1,96,000
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 on Mazgaon Road in Ratnagiri, Maharashtra. The property is being auctioned by Punjab National Bank.
State:Maharashtra
City:Ratnagiri
Area:Mazgaon Road
Asset Category:Residential
Full Address:15, Adhinath Vatika, B wing, Mazgaon Road, Ratnagiri 415612, Mazgaon Road, Ratnagiri
Building/Society:Adhinath Vatika, B wing
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Ratnagiri, Maharashtra, located on Mazgaon Road. The reserve price for this auction is ₹19,60,000, with an Earnest Money Deposit (EMD) of ₹1,96,000 required. The auction will take place on November 26, 2025, commencing at 11:00 AM and concluding at 04:00 PM. This is an excellent opportunity to acquire a property in a desirable location.
Borrower Name:Mr. Taufik Irshad Chikte
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Amit Pramod Malushte, Mrs. Rabiya Irshad Chikate, Mrs. Amina Taufik Chikate
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property is a residential flat in Ratnagiri, with a reasonable reserve price. The auction terms are standard, but the 'Not known' encumbrance necessitates careful due diligence. Its location and price point make it a calculated opportunity for local buyers.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no:0231-2524017
