Land for auction 8 The Campollian Club, Khalapur, Raigad by Bank of Maharashtra

The property is a Non-Agricultural Land and Building named "The Campollian Club", located in Khopoli, Khalapur, Raigad, Maharashtra. It is situated at Survey No. 18, Hissa No.1, and City Survey No.2732 P near Gagangiri Ashram Siddhartha Nagar. The plot area is 15,310 Sq. Mtr and the built-up area is 3178.75 Sq Mtr. The property is bounded by CTS No 2729 (East), CTS No 4288 (West), CTS No 2735 (North), and CTS No 2731 (South).

This is a SARFAESI auction for Lot No. 8, which includes Non-Agricultural Land and a Building named "The Campollian Club". The property is located in Khopoli, Khalapur, Raigad, Maharashtra, with a plot area of 15,310 Sq. Mtr and a built-up area of 3178.75 Sq Mtr. The auction is conducted by Bank of Maharashtra. The property is owned by Mr. Dattatraya Shankar Masurkar and is hypothecated with furniture and equipment. The property boundaries are defined by CTS Nos. 2729 (East), 4288 (West), 2735 (North), and 2731 (South). The property is currently trespassed by the borrower or another unknown entity. The bank has filed legal proceedings (WRIT Petition vide No 5442/2024 and No. 1219/2025) with the Hon'ble Bombay High Court for restitution and repossession of the property, with favorable orders received on 04.10.2024 and 01.02.2025 respectively. Physical possession is expected to be taken shortly. The auction has a reserve price of 118,800,000.00 and an EMD of 11,880,000.00. The auction is scheduled for March 11, 2025, from 11:00 AM to 04:00 PM.