Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614111
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹71,74,000
EMD:₹7,17,400
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
A residential house located in the Jodbhavi Peth area of Solapur, Maharashtra. This property is being auctioned by the Union Bank of India. The estate of the deceased Mr. Ayyub Babumiya Shaikh is the borrower. The house is suitable for residential use.
State:Maharashtra
City:Solapur
Area:Jodbhavi Peth
Asset Category:Residential
Full Address:City Survey No. 9422/1/11/B, M. H. No. 94/11, Jodbavi Peth, Solapur, Jodbhavi Peth, Solapur
Size:79.71 Sq.Mts
Auction Description
This is a SARFAESI auction conducted by the Union Bank of India for a residential house in Jodbhavi Peth, Solapur, Maharashtra. The reserve price is ₹71,74,000, with an Earnest Money Deposit (EMD) of ₹7,17,400. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 05:00 PM on the same day.
Borrower Name:Estate of the deceased Mr. Ayyub Babumiya Shaikh
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Tohid Ayyub Shaikh, Mrs. Reshma Ajaz Jartargar, Mrs. Najiya Farukh Shaikh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Jodbhavi Peth, Solapur, this house offers decent potential. The reserve price seems reasonable for the location, but potential buyers should carefully assess the property's condition and local market dynamics before bidding. Auction terms appear standard, making it a calculated investment opportunity.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
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