Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614113
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹22,93,000
EMD:₹2,29,300
Bid Increment:₹23,000
Auction Time:12:00 PM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
This is a residential house located in Madha, Solapur, Maharashtra. The property is being auctioned by the Union Bank of India. It is a SARFAESI auction, offering a valuable opportunity to acquire a house in this region. The property is associated with the borrower Mr. Sanjay Vitthal Bhoite.
State:Maharashtra
City:Solapur
Area:Madha
Asset Category:Residential
Full Address:130, House No 130 Situated in GP Milkat No 130, Vadachiwadi, Post Anjangaon Umate, Solapur
Size:2250 Sq Ft
Auction Description
Union Bank of India presents a SARFAESI auction for a residential house in Madha, Solapur, Maharashtra. 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 22,93,000, with an Earnest Money Deposit (EMD) of INR 2,29,300. This is a prime opportunity for interested buyers to participate in the bidding process for this asset.
Borrower Name:Mr.Sanjay Vitthal Bhoite
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Vidya Vitthal Bhoite
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a rural location, offered at a reasonable reserve price. While not a prime investment, the price point and clear boundaries present a calculated opportunity for local buyers. Given its symbolic possession, due diligence is recommended.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
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