Property for Auction in Sangamner, Ahmednagar, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614114
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹31,00,000
EMD:₹3,10,000
Bid Increment:₹31,000
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
This auction features a valuable Land and Building asset located in Sangamner, Ahmednagar, Maharashtra. The property, previously owned by the estate of the deceased Mr. Ravikiran Rangnath Gavandi, is categorized as Residential. It presents a unique opportunity for investment or personal use in a developing area. The property is offered by the Union Bank of India through a SARFAESI auction. Don't miss this chance to acquire a property with significant potential.
State:Maharashtra
City:Ahmednagar
Area:Sangamner
Asset Category:Residential
Full Address:C.S.N. 3044 & 3044/1, Chandrashekhar Chowk, near to Ram Mandir, Sangamner Bk. Tq.Sangamner Dist. Ahmednagar, Chandrashekhar Chowk, Sangamner
Size:109.4 Sq Mtr
Union Bank of India is conducting a SARFAESI auction for a Land and Building property in Sangamner, Ahmednagar, Maharashtra. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this residential asset is ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. This is a prime opportunity to bid on a well-located property.
Borrower Name:Deceased Mr. Ravikiran Rangnath Gavandi
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property represents a reasonable investment due to its location in Sangamner and its classification as land and building. The reserve price is moderate, but the symbolic possession status and the need for due diligence temper the enthusiasm. Further investigation into the property's legal standing and market value is recommended before bidding.
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
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