Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611096
Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited
Branch Name:Head Office : Ichalkaraji
Reserve Price:₹5,67,420
EMD:₹56,740
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 vacant land parcel located in Hatkanangale, Kolhapur, Maharashtra. The property is categorized as residential and is being auctioned under the SARFAESI Act by Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited. The land offers a potential investment opportunity in a developing area.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Residential
Full Address:Hatkanangale, Tal. Hatkanangale, Dist. Kolhapur bearing Gat No. 1027, Hatkanangale, Kolhapur
Size:1.07 H
Auction Description
Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited is conducting a SARFAESI auction for a residential land parcel in Hatkanangale, Kolhapur. The reserve price is ₹22,95,000 with an EMD of ₹2,29,000. The auction will take place on November 14, 2025, with the bidding starting at 5:00 PM and concluding at 5:30 PM. This is an opportunity to acquire property through a bank auction.
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 property's location in Hatkanangale, Kolhapur, combined with the inclusion of both land and machineries, presents a calculated investment opportunity. While the reserve price appears reasonable, further due diligence is recommended to assess the value of the included equipment. Auction terms require a significant EMD, suggesting potential interest from other bidders.
Contact Details
Branch:Branch Office : Head Office : Ichalkaraji
Service Provider:Public Auction
Contact Details:
D. V. Patil
Contact no:9665041768
