Land & Building for auction Chalisgaon MIDC Jalgaon 55 lakh Indian Bank

Property for Auction in Chalisgaon, Jalgaon, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
4500 Sq. Mtrs.
Reserve Price
55,00,000
Reserve Price
55,00,000
EMD Required
5,50,000
Property Specifications
Size4500 Sq. Mtrs.
Unit No.A-21
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Industrial Land & Building
Location IconLocation:
Chalisgaon, Jalgaon
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610781

Bank Name:Indian Bank

Branch Name:SAM SMALL -pune

Reserve Price:55,00,000

EMD:5,50,000

Bid Increment:25,000

Auction Time:11:00 AM to 17:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-19

Property Description

A significant industrial land and building asset located in Chalisgaon, Jalgaon, Maharashtra. This property, previously owned by M/s Sanshu Agro Pvt Ltd, is being auctioned by Indian Bank under SARFAESI Act. It presents a valuable opportunity for industrial ventures in a developing region. The plot offers ample space for expansion and operational needs, making it suitable for various manufacturing or processing units. Its strategic location in Chalisgaon provides good connectivity and access to resources.

State:Maharashtra

City:Jalgaon

Area:Chalisgaon

Asset Category:Industrials

Full Address:A-21, Plot No.A-21 in Chalisgaon MIDC, Taluka Chalisgaon, District Jalgaon, Chalisgaon MIDC, Jalgaon

Size:4500 Sq. Mtrs.

Auction Description

Indian Bank is conducting a SARFAESI auction for an industrial land and building in Chalisgaon, Jalgaon, Maharashtra. The auction will take place on November 19, 2025, from 11:00 AM to 05:00 PM. The reserve price for this valuable industrial asset is INR 55,00,000, with an Earnest Money Deposit (EMD) of INR 5,50,000 required to participate. This is a prime opportunity for investors and businesses seeking to acquire a substantial industrial property in Maharashtra.

Borrower Name:M/s Sanshu Agro Pvt Ltd

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Gaurav Kuldeep Kashyap, Mr. Umang Pankaj Agarwal, Mr. Kanta Kumar, Smt. Mamata Katiyar

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is an industrial land and building in Chalisgaon MIDC, which can be a good investment opportunity. The location is promising, and the reserve price appears reasonable, but the details of the existing encumbrances needs to be thoroughly investigated before bidding. Due diligence is necessary to assess potential risks and returns.

Contact Details

Branch:Branch Office : SAM SMALL -pune

Service Provider:BAANKNET

Contact Details:

Krishan Singh Shekhawat

Contact no:9929791909

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