Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609218
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹20,00,000
EMD:₹2,00,000
Bid Increment:₹1,000
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 in Raviwar Peth., Solapur, Maharashtra. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It presents a great opportunity for homebuyers or investors seeking property in a well-established area of Solapur. The flat is offered as part of a bank auction, providing a transparent and regulated bidding process.
State:Maharashtra
City:Solapur
Area:Raviwar Peth.
Asset Category:Residential
Full Address:4, kashiram Apartment, Flat No. 4, kashiram Apartment, TP Scheme No. 1, Final Plot No. 9. Sub Plot No. 203, at Raviwar Peth, Solapur, Raviwar Peth, Solapur
Building/Society:kashiram Apartment
Size:54.59 Sq. Mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Raviwar Peth., Solapur, Maharashtra. The auction is scheduled to take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is INR 20,00,000, with an Earnest Money Deposit (EMD) of INR 2,00,000 required to participate. This is a public auction, and interested bidders are encouraged to review all terms and conditions before participating.
Borrower Name:Siddharth Prakash Manjeli
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a reasonably sized flat in a central location of Solapur, but the symbolic possession and unknown encumbrances raise concerns. The reserve price seems fair, making it a calculated risk for potential buyers familiar with the local market.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
