Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611295
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹17,10,000
EMD:₹1,71,000
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This auction features a valuable Land and Building property located in Karveer, Kolhapur, Maharashtra. The property is categorized as Residential and is being auctioned by Punjab National Bank under the SARFAESI Act. It presents an excellent opportunity for investment or personal use in a developing area.
State:Maharashtra
City:Kolhapur
Area:Karveer
Asset Category:Residential
Full Address:Samarth Nagar, Gat No. 113, H.No. 14, (G.P. Milkat No.1622), Samarth Nagar, Khapare Mal, Gokul Shirgaon, Tal, Karveer, Kolhapur
Building/Society:Samarth Nagar
Size:200 Sq.Mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Karveer, Kolhapur. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price is set at ₹17,10,000, with an EMD of ₹1,71,000. This is a prime opportunity to acquire a residential asset through a transparent banking auction process.
Borrower Name:Sanjay Mahadeo Patil
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers land and building in Karveer at a reasonable reserve price. However, further due diligence is needed to ascertain the development potential and market value. The physical possession status is a positive factor, but potential investors should carefully evaluate all costs and risks.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —
