Property for Auction in Hatkanangale, Kolhapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611297
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹35,00,000
EMD:₹3,50,000
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This offering presents a unique opportunity to acquire a Land and Building asset in Hatkanangale, Kolhapur, Maharashtra. The property, formerly associated with Mr. Pandit Vitthal Lakhangave, is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for investment or development, this residential asset is situated in a developing area with potential for future growth. The property is being sold on an 'as-is-where-is' basis. Further details regarding the specific dimensions, construction, and condition of the land and building are available upon request.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Residential
Full Address:Plot No. 7, Plot No. 7 of Gat No. 656/B, Krushnanagar at Tardal Village, Tal- Hatkanangale, Dist-Kolhapur, Tardal Village, Kolhapur
Size:125.46 SQ.Mtr
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property located in Hatkanangale, Kolhapur, Maharashtra. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this asset is INR 35,00,000, with an Earnest Money Deposit (EMD) of INR 3,50,000 required to participate. Interested bidders are advised to thoroughly inspect the property and review all auction terms and conditions before bidding. This is a sealed bid auction. For more information, please contact Punjab National Bank.
Borrower Name:Mr. Pandit Vitthal Lakhangave
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known
The property's location in Hatkanangale and the established reserve price suggest a fair market value, making it a calculated opportunity for potential investors. While not a prime location, the land and building type and the details of the auction terms offer a decent prospect for return on investment. Further due diligence is recommended.
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —