Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611011
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,07,00,000
EMD:₹10,70,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A significant industrial property located in Jawali, Satara, Maharashtra. This offering includes both industrial land and existing buildings, presenting a valuable opportunity for manufacturing, warehousing, or other industrial ventures. Situated in a developing region, this asset is ideal for businesses looking to establish or expand their operations in a strategic location. The property is offered by Canara Bank through a SARFAESI auction.
State:Maharashtra
City:Satara
Area:Jawali
Asset Category:Industrials
Full Address:Gat No 676, At Post indavali Kudal Tal Jawali Dist Satara 415514, Jawali, Satara
Size:1000 sq. mtr.
Auction Description
Canara Bank is conducting a SARFAESI auction for an industrial land and building in Jawali, Satara, Maharashtra. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹1,07,00,000, with an Earnest Money Deposit (EMD) of ₹10,70,000 required to participate. This is a prime opportunity to acquire industrial assets in Satara.
Borrower Name:Ms MANTHAN ALUMINIUM
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Nitin Mohan Gole
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial land and building in Jawali, Satara, presenting a potential investment. The recommendation is 'Calculated Opportunity' due to the moderate reserve price and the property's location, which requires careful market assessment.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
