Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611098
Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited
Branch Name:Head Office : Ichalkaraji
Reserve Price:₹567.42
EMD:₹56.74
Auction Time:02:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
This is a bank auction for a parcel of land located in Hatkanangale, Kolhapur, Maharashtra. The property is categorized as residential and is being auctioned by Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited under the SARFAESI Act. The land is situated in a developing area with potential for future growth. This is a great opportunity for investors or individuals looking to purchase land for residential development in the Kolhapur region.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Residential
Full Address:Hatkanangale, Tal. Hatkanangale, Dist. Kolhapur bearing Gat No. 1027 having area H-9-17 R, Pot Kharab H0=03 R., assessed at Rs.7=50 Pai., out of it the property having area of H 1=07 R, assessed at Rs.0=88 Pai., Hatkanangale, Kolhapur
Size:1.07 H
Auction Description
Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited is conducting a SARFAESI auction for a residential land property in Hatkanangale, Kolhapur, Maharashtra. The auction will take place on November 14, 2025, with the auction starting at 05:30 PM and ending at 05:00 PM. The reserve price for this auction is INR 33,000.0, with an Earnest Money Deposit (EMD) of INR 3,000.0 required. The property is being auctioned due to the loan default by the borrower, M/s. Nilesh Fabrics. Interested bidders are encouraged to review all auction terms and conditions before participating.
Borrower Name:M/s.Nilesh Fabrics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ananda Pandurang Madhav, Mr. Akshay Ananda Madhav, Mrs. Anjana Ananda Madhav, M/s. Shri Anand Twister Prop. Mr. Ananda Pandurang Madhav HUF
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Hatkanangale offers potential, but the auction terms and reserve price require careful assessment. The 'Calculated Opportunity' rating reflects a need for due diligence and strategic bidding. The details of other property is confusing and may not be included here.
Contact Details
Branch:Branch Office : Head Office : Ichalkaraji
Service Provider:Public Auction
Contact Details:
D. V. Patil
Contact no:9665041768
