Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614092
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹5,40,000
EMD:₹54,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:28-11-2025 11:00 AM
Property Description
This is a residential flat located in Chh. Sambhajinagar, Aurangabad, Maharashtra. The property is being auctioned by Union Bank of India under SARFAESI Act. It is an excellent opportunity to own a property in a well-established area of Aurangabad.
State:Maharashtra
City:Aurangabad
Area:Chh. Sambhajinagar
Asset Category:Residential
Full Address:5, Square Plaza, Gut No 103/Part, Plot No 87 to 90, Flat No 5(Five), Wing A, Square Plaza, Mitmita, Nasik Road, Mitmita, Nasik Road, Chh. Sambhajinagar
Building/Society:Square Plaza
Size:300 SqFt
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Chh. Sambhajinagar, Aurangabad. The auction will take place on 28-11-2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price is INR 5,40,000, with an Earnest Money Deposit (EMD) of INR 54,000 required to participate. This auction presents a valuable chance for prospective buyers to acquire the property.
Borrower Name:M/s. Welcome Fabrication
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shaikh Azhar Shaikh Zafar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small flat in Chh. Sambhajinagar, offered at a relatively low reserve price. While the location may offer growth potential, the small size limits its appeal as a primary residence. It represents a calculated opportunity for investors or those seeking an affordable property in the area.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
Contact no: —
