Property for Auction in Mohol, Solapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609201
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹5,05,00,000
EMD:₹50,50,000
Bid Increment:₹1,00,000
Auction Time:11.00 A.M. to 4.00 Ρ.Μ.
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This SARFAESI auction presents an excellent opportunity to acquire land and a building in Mohol, Solapur, Maharashtra. The property is categorized as Residential and is being auctioned by Punjab National Bank. This is a prime location with significant potential for development or personal use. The auction is conducted under the SARFAESI Act, ensuring a transparent and legally sound transaction. Don't miss this chance to invest in a valuable asset in a growing region.
State:Maharashtra
City:Solapur
Area:Mohol
Asset Category:Residential
Full Address:F-70, F-70 total adm.7712.00 sq. mtrs. & built up area adm, 1619.20 sq.mtrs. in Chincholi Industrial Area at Village Chincholi Kati, Chincholi Industrial Area, Mohol, Solapur
Size:7712.00 sq. mtrs.
Punjab National Bank is conducting a SARFAESI auction for a valuable land and building property located in Mohol, Solapur, Maharashtra. The auction begins on November 26, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹5,05,00,000, with an Earnest Money Deposit (EMD) of ₹50,50,000 required to participate. This is a unique opportunity for discerning buyers to acquire a significant asset through a secure and regulated auction process.
Borrower Name:Mr. Harish Javerchand Gala
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known
The property is a sizable industrial land and building in Mohol, Solapur, offered at a reasonable reserve price. The 'Not Known' encumbrance and symbolic possession status suggest potential risks. However, the industrial location and size could present a calculated opportunity for the right investor.
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —