Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612965
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹69,85,892
EMD:₹6,98,589
Bid Increment:₹10,000
Auction Time:3.00 PM TO 04:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This offering presents a valuable parcel of land located in the thriving area of Hatkanangale, Kolhapur, Maharashtra. Ideal for development, this residential plot is being auctioned by GIC Housing Finance Ltd. under SARFAESI regulations. Situated in a region known for its growth potential, this property offers a prime opportunity for investors or those looking to build their dream home.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Residential
Full Address:Gut No: 757, House No: M No-28-29, Hupari, Taluka: Hatkanangale, Hupari, Kolhapur
Size:10540 Sq.Ft
Auction Description
GIC Housing Finance Ltd. invites sealed bids for the SARFAESI auction of a prime land parcel in Hatkanangale, Kolhapur, Maharashtra. The auction is scheduled for November 21, 2025, commencing at 3:00 PM and concluding at 4:00 PM. The reserve price is set at ₹69,85,892, with an Earnest Money Deposit (EMD) of ₹6,98,589 required. This is a unique opportunity to acquire a significant asset in a developing region.
Borrower Name:SANDEEP SHANTINATH SHETE
Auction Type:SARFAESI Auction
Guarantor Names:SWAPNAJA SANDEEP SHETE, SHANTINATH BHUPAL SHETE, SUDARSHAN SHANTINATH SHETE
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Hatkanangale, Kolhapur, offers potential for future development. The reserve price appears reasonable, making it a calculated opportunity. However, due diligence is advised to verify local market conditions and development potential before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
Siddhartha Das Sarma
Contact no:8888429992
