Property for Auction in Chandur Bazar, Amravati, Maharashtra
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609359
Bank Name:Bank of Baroda
Branch Name:Regional Office - Stressed Assets Recovery Branch
Reserve Price:₹15,59,000
EMD:₹1,55,900
Bid Increment:₹10,000
Auction Time:14:00:00 to 18:00:00
Service Provider:BAANKNET
Submission Date:09-11-2025 05:00 PM
Bid Start Date:2025-11-10
This auction features a valuable Land and Building property located in Chandur Bazar, Amravati, Maharashtra. The asset is categorized as residential and is being auctioned by Bank of Baroda under SARFAESI rules. The property, formerly belonging to Mr. Shamrao Gulabrao Konde, presents a significant opportunity for investment or personal use in a developing area. Prospective bidders are advised to conduct their own due diligence regarding the property's current condition and legal standing. The location offers accessibility within the Amravati district.
State:Maharashtra
City:Amravati
Area:Chandur Bazar
Asset Category:Residential
Full Address:89, Property no.89, ward no.2, E-2, Mauje wadura,Gaon No.198, Pragane Ritpur,Tah Chandur Bazar,Dist Amravati within limit of Gram Panchayat wadura, Chandur Bazar, Amravati
Size:4896 Sq.ft.
Bank of Baroda is conducting a SARFAESI auction for a Land and Building property in Chandur Bazar, Amravati, Maharashtra. The auction will take place on November 10, 2025, with bidding open from 02:00 PM to 06:00 PM. The reserve price for this residential asset is set at ₹15,59,000, with an Earnest Money Deposit (EMD) of ₹1,55,900 required to participate. This is a unique chance to acquire a property through a transparent auction process managed by the bank.
Borrower Name:Mr. Shamrao Gulabrao Konde
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Dnyaneshwar Keshavrao Bhujade
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property presents a calculated opportunity due to its location in Chandur Bazar, Amravati, and the relatively lower reserve price. Symbolic possession suggests potential challenges. Further due diligence is advised before bidding.
Branch:Branch Office : Regional Office - Stressed Assets Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9450802051