Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609783
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹51,50,000
EMD:₹5,15,000
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
This is a residential house located in Tal.- Karjat, Ahmednagar, Maharashtra. The property is being auctioned by Union Bank of India under SARFAESI Act. It is an excellent opportunity to acquire a house in a well-connected area.
State:Maharashtra
City:Ahmednagar
Area:Tal.- Karjat
Asset Category:Residential
Full Address:367, Gram Panchayat milkat No.367, at village Rashin Tal Karjat Dist Ahmednagar, Rashin, Ahmednagar
Size:5000 Sq.ft.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Tal.- Karjat, Ahmednagar, Maharashtra. The auction will take place on 14-11-2025, starting at 12:00 PM and ending at 05:00 PM. The reserve price is INR 51,50,000, with an Earnest Money Deposit (EMD) of INR 5,15,000. This is a bank-owned property being sold on behalf of the borrower, Mr Amol Devidas Shete.
Borrower Name:Mr Amol Devidas Shete
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential space in a developing locality near Ahmednagar. The reserve price seems reasonable, making it a calculated risk for potential buyers. Further due diligence regarding local market value and encumbrances is recommended before investing.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
