Industrial Land & Building for auction Chalisgaon MIDC Jalgaon 55 lakh Indian Bank

This auction features industrial land and a building located in Chalisgaon, Jalgaon, Maharashtra, formerly owned by M/s Sanshu Agro Pvt Ltd. The property is categorized as Industrial Asset. It is being auctioned by Indian Bank under SARFAESI provisions. Ideal for industrial ventures, this is a prime opportunity to acquire a significant industrial asset in a developing region. Inspect the property to understand its full potential.

Indian Bank presents a SARFAESI auction for industrial land and a building in Chalisgaon, Jalgaon, Maharashtra. The auction will take place on November 19, 2025, commencing at 11:00 AM and concluding at 05:00 PM. The reserve price is set at ₹55,00,000, with an Earnest Money Deposit (EMD) of ₹5,50,000 required. This is a unique chance to bid on a valuable industrial property. Prospective bidders are advised to review all auction terms and conditions prior to participating.

The property offers a reasonable industrial opportunity given its location in Chalisgaon MIDC and the specified area. The reserve price and EMD appear balanced, suggesting a potentially viable investment, though further due diligence is advised due to the 'as is where is' basis.