Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614083
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹9,30,000
EMD:₹93,000
Bid Increment:₹9,500
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 Gangapur, Aurangabad, Maharashtra. This property is being auctioned by Union Bank of India under SARFAESI Act. The house offers a great opportunity for ownership in a developing area. It is ideal for individuals or families looking to settle in Aurangabad.
State:Maharashtra
City:Aurangabad
Area:Gangapur.
Asset Category:Residential
Full Address:B-39, Sai Pride Nagar, Row House B-39, Gat No-140, Grampanchayat Milkat No. 2922, Sai Pride Nagar, of Village Jogeshwari, Tq. Gangapur, Dist.Chh Sambhaji Nagar, Sai Pride Nagar, Jogeshwari, Aurangabad
Building/Society:Sai Pride Nagar
Size:502.45 Sq.Ft.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Gangapur, Aurangabad. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is INR 930,000, with an Earnest Money Deposit (EMD) of INR 93,000 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:M/s. Dwarkadheesh Vastra Dalan
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rahul Madhukar Aute, Mr. Amit Madhukar Aute, Mrs. Snehal Amit Aute
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable investment opportunity, given its location in Gangapur, Aurangabad and its residential nature. With a reserve price of ₹930000.0, it could attract potential buyers looking for affordable housing options. However, further due diligence is recommended to assess market value and property condition.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
Contact no:9561610798
