Land And Building for auction Chincholi Industrial Area Mohol, Solapur 5 Cr PNB

Property for Auction in Mohol, Solapur, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
7712.00 sq. mtrs.
Reserve Price
5,05,00,000
Reserve Price
5,05,00,000
EMD Required
50,50,000
Property Specifications
Size7712.00 sq. mtrs.
Unit No.F-70
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mohol, Solapur
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:25-11-2025 05:00 PM

Bid Start Date:2025-11-26

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known

Why This Property

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.

Contact Details

Branch:Branch Office : ARMB : Kolhapur

Service Provider:BAANKNET

Contact Details:

Abhijeet J. Katavare

Contact no: —

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