Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611837
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹4,42,64,000
EMD:₹44,26,400
Bid Increment:₹50,000
Auction Time:12:00 NOON TO 06.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:23-12-2025 05:00 PM
Bid Start Date:2025-12-24
Property Description
This property in Nandurbar, Maharashtra, is a land and building asset offered through a SARFAESI auction by the Central Bank of India. Suitable for residential purposes, it presents a significant investment opportunity in the city of Nandurbar.
State:Maharashtra
City:Nandurbar
Area:Nandurbar,
Asset Category:Residential
Full Address:Survey No. 24/1, Situated at Rakaswade, Nandurbar, Taluka & Dist. Nandurbar, Maharashtra 425412, Rakaswade, Nandurbar
Auction Description
Central Bank of India is conducting a SARFAESI auction for a valuable land and building property in Nandurbar, Maharashtra. The auction will take place on December 24, 2025, from 12:00 PM to 06:00 PM. The reserve price for this asset is ₹4,42,64,000, with an Earnest Money Deposit (EMD) of ₹44,26,400. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:M/s. Shree Swami Samarth Eduction Trust
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Atulkumar Shivabhai Savaliya, Mr. Subhash Bhukan Savle, Mr. Dinesh Prabhakar Jondhale, Mr. Piyush Maganbhai Lunagariya, Mrs. Priti Dinesh Jondhale, Mr. Dinesh Subhash Sawale, Mr. Dineshbhai Narayan Buva, M/s. Swami Samarth Automobile Through partner Mr. Atulkumar Shivabhai Savaliya, M/s. Swami Samarth Automobile Through partner Mr. Subhash Bhukan Savle, M/s. Swami Samarth Automobile Through partner Mr. Navnitbhai Vallabhabhai Patel, Mrs. Vandana Subhash Sawale, Mrs. Hirabai Prabhakar Jondhale, Mrs. Arunaben Atulbhai Savaliya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Nandurbar, presents a calculated opportunity due to its location and auction terms. While the reserve price is considerable, the potential for development and appreciation warrants consideration. Further due diligence on the locality and market conditions is advised before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Mr. Aparbal Singh
Contact no:9407755072
