Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611015
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹16,20,000
EMD:₹1,62,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 12:00 PM
Property Description
This is a residential land and building property located in Kolhapur, Maharashtra, offered for auction by Canara Bank. The property is situated in the Kolhapur area and was formerly owned by Mr. Sudhir Baburao Dakare. This is a SARFAESI auction, presenting a unique opportunity to acquire real estate in a well-known city.
State:Maharashtra
City:Kolhapur
Area:Kolhapur
Asset Category:Residential
Full Address:CTS No. 444, CTS No. 444, Near Datta Mandir, Dakare Galli, Shiroi Yadrav Road, at Yadrav, Tal. Shirol, Dist. Kolhapur-416146, Yadrav, Kolhapur
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Kolhapur, Maharashtra. The auction has a reserve price of ₹16,20,000 and requires an Earnest Money Deposit (EMD) of ₹1,62,000. The auction will take place on November 25, 2025, with bidding open from 12:00 PM to 01:00 PM. Interested parties should review all auction terms and conditions carefully before participating.
Borrower Name:Mr. Sudhir Baburao Dakare
Auction Type:SARFAESI Auction
Guarantor Names:Mr Vishnu Baburao deshmukh, Mr. Nandkishor Baburao Dakare
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a calculated opportunity due to its location and the relatively low reserve price for a land and building asset. While the location may not be prime, the price point and the potential for future development make it a worthwhile consideration for investors willing to take on some risk.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
