Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613793
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹42,00,000
EMD:₹4,20,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A prime land and building property located in Chiplun, Ratnagiri, Maharashtra. This residential asset is part of a SARFAESI auction conducted by Canara Bank. The property is being offered from the borrower M/S SK Super Bazar. Ideal for investment or development in a developing area.
State:Maharashtra
City:Ratnagiri
Area:Chiplun
Asset Category:Residential
Full Address:SK Super Bazar, Nath Pai Chowk, Guhagar Road, Bazar Peth, Chiplun, Bazar Peth, Chiplun
Size:59.5 + 53.7 Sq mtrs
Auction Description
Canara Bank is holding a SARFAESI auction for a land and building property in Chiplun, Ratnagiri, Maharashtra. The auction will take place on November 25, 2025, from 12:00 PM to 01:00 PM. The reserve price is INR 42,00,000, with an Earnest Money Deposit (EMD) of INR 4,20,000. This is a unique opportunity to acquire a valuable asset through a transparent auction process.
Borrower Name:M/S SK Super Bazar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable opportunity given its location in Chiplun and the commercial nature of the land and building. The reserve price seems fair, but further due diligence is needed to assess the market demand and potential return on investment. It is in good location with fair price.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
