House for auction Jodbhavi Peth Solapur 1 Cr Union Bank of India

Union Bank of India presents a compelling residential house auction in the established area of Jodbhavi Peth, Solapur, Maharashtra. This property, formerly belonging to the estate of the deceased Mr. Ayyub Babumiya Shaikh, offers a prime opportunity in a well-connected locality. Situated in Solapur, a city known for its industrial and cultural significance, this house provides a solid foundation for investment or personal residence. The auction is conducted under SARFAESI norms, ensuring a transparent and regulated process. Don't miss this chance to acquire a valuable asset in a sought-after location.

Seize the opportunity at this SARFAESI auction hosted by Union Bank of India for a desirable residential house in Jodbhavi Peth, Solapur, Maharashtra. The bidding opens on November 28, 2025, at 11:00 AM and concludes at 05:00 PM on the same day. The reserve price is set at ₹1,20,00,000, with an Earnest Money Deposit (EMD) of ₹12,00,000 required to participate. This is a secured financial institution auction, offering a unique chance to own a property with clear title and a transparent bidding process. Mark your calendars for this significant event.

The property is located in Jodbhavi Peth, Solapur, and is a residential house under symbolic possession. The reserve price of ₹12000000.0 requires careful consideration due to potential market fluctuations. A calculated approach is advised to evaluate ROI.