Land And Building for auction Chandrashekhar Chowk Sangamner 31 lakh UBI

Property for Auction in Sangamner, Ahmednagar, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
109.4 Sq Mtr
Reserve Price
31,00,000
Reserve Price
31,00,000
EMD Required
3,10,000
Property Specifications
Size109.4 Sq Mtr
Unit No.C.S.N. 3044 & 3044/1
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Sangamner, Ahmednagar
Auction Date IconAuction Date:
28-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:27-11-2025 05:00 PM

Bid Start Date:2025-11-28

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar

Service Provider:BAANKNET

Contact Details:

Contact no: —

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