Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613399
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹15,03,00,000
EMD:₹1,50,30,000
Bid Increment:₹10,00,000
Auction Time:11 AM to 12 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-17
Bid Start Date:2025-12-18
Property Description
This offering presents a significant land parcel located in Palus., Sangli, Maharashtra, classified under the Asset Category: Residential. The property is part of a SARFAESI Auction conducted by Cholamandalam Investment And Finance Company Limited. The land is associated with the borrower M/s. Jai Bhavani Poultry Farm. This is a prime opportunity to acquire a substantial piece of land in a developing region.
State:Maharashtra
City:Sangli
Area:Palus.
Asset Category:Residential
Full Address:787, Gat No. 787, Mauje Bambavade Tal, Palus Dist. Sangli, Bambavade, Sangli
Size:01 H 25.40 R
Auction Description
Cholamandalam Investment And Finance Company Limited is holding a SARFAESI Auction for a valuable land property in Palus., Sangli, Maharashtra. The auction will take place on 18-12-2025, with bidding commencing at 11:00 AM and concluding at 12:00 PM on the same day. The Reserve Price for this auction is ₹15,03,00,000.00, and the Earnest Money Deposit (EMD) required is ₹1,50,30,000.00. Don't miss this chance to bid on a significant land asset.
Borrower Name:M/s.Jai Bhavani Poultry Farm
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prakash Vitthal Patil, Mrs. Suvarna Prakash Patil, Mr. Parimal Prakash Patil
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Palus, Sangli presents a calculated opportunity due to its location and potential for agricultural or industrial use. The reserve price is considerable, necessitating thorough due diligence. Investment is viable for those with a clear plan for the land's development.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankauctions.in
Contact Details:
Mr.Nithesh Pawar
Contact no:8142000725
