Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610227
Bank Name:Bank of Maharashtra
Branch Name:Regional Office
Reserve Price:₹26,44,400
EMD:₹2,64,440
Bid Increment:₹20,000
Auction Time:01:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
A valuable plot of land with an existing building, located in the thriving area of Shahada, Nandurbar, Maharashtra. This residential asset presents a unique investment opportunity. The property is being auctioned by the Bank of Maharashtra.
State:Maharashtra
City:Nandurbar
Area:Shahada
Asset Category:Residential
Full Address:14, Plot 14 (East Side) of NAS No.108/1 of Kukdel Shivar, Tal Shahada, Dist Nandurbar- 425409, Kukdel Shivar, Shahada
Size:140 Sq. Mtr
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a land and building property in Shahada, Nandurbar. The auction starts on November 14, 2025, at 01:00 PM and concludes at 05:00 PM on the same day. The reserve price is INR 26,44,400, with an Earnest Money Deposit (EMD) of INR 2,64,440 required to participate.
Borrower Name:Mr.Arvind Bhaidas Patil
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kailas Bansilal Chaudhari, Mr. Anil Bhaidas Patil, Mr. Sharad Bansilal Patil
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a reasonable opportunity due to its location in Shahada and the listed reserve price. While the property type is land and building, potential investors should carefully assess the site and local market conditions. The symbolic possession status also adds a layer of due diligence needed before finalizing any decision.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
