Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610782
Bank Name:Indian Bank
Branch Name:SAM SMALL -pune
Reserve Price:₹55,00,000
EMD:₹5,50,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 17:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This auction features industrial land and a building located in Chalisgaon, Jalgaon, Maharashtra, previously owned by M/s Sanshu Agro Pvt Ltd. The property is offered by Indian Bank through a SARFAESI auction. It represents a significant opportunity for industrial investment in a key region of Maharashtra.
State:Maharashtra
City:Jalgaon
Area:Chalisgaon
Asset Category:Industrials
Full Address:A-22, Plot No.A-22 in Chalisgaon MIDC, Taluka Chalisgaon, District Jalgaon, Chalisgaon MIDC, Jalgaon
Size:4500 Sq. Mtrs.
Auction Description
Indian Bank is conducting a SARFAESI auction for industrial land and a building in Chalisgaon, Jalgaon. The auction has a reserve price of 55,00,000.0 and an Earnest Money Deposit (EMD) of 5,50,000.0. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 5:00 PM. This is a prime opportunity to acquire industrial assets.
Borrower Name:M/s Sanshu Agro Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Gaurav Kuldeep Kashyap, Mr. Umang Pankaj Agarwal, Mr. Kanta Kumar, Smt. Mamata Katiyar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Chalisgaon MIDC, presents a calculated opportunity due to its industrial zoning and land size. The reserve price and EMD seem reasonable for the location. However, potential investors should carefully assess the encumbrance status and conduct thorough due diligence before bidding.
Contact Details
Branch:Branch Office : SAM SMALL -pune
Service Provider:BAANKNET
Contact Details:
Krishan Singh Shekhawat
Contact no:9929791909
