Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612260
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹4,52,00,000
EMD:₹45,20,000
Bid Increment:₹5,00,000
Auction Time:11:00 a.m. to 12:00 noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
Phoenix ARC Private Limited presents a prime land parcel in Guhaghar, Ratnagiri, Maharashtra. This residential land offers a significant investment opportunity in a developing area. The property is part of a SARFAESI auction, providing a unique chance to acquire valuable real estate. Ideal for developers or individual investors looking for land with potential.
State:Maharashtra
City:Ratnagiri
Area:Guhaghar
Asset Category:Residential
Full Address:Gat Nos. 856, 857/1, 857 B, 858/1, 862/1 (part), 863, 864, 865, 871, 873, 875, Janwale, Ratnagiri
Size:11.6192 Hectares
Auction Description
Phoenix ARC Private Limited is conducting an online SARFAESI auction for a land property in Guhaghar, Ratnagiri. The auction will take place on November 28, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 4,52,00,000, with an Earnest Money Deposit (EMD) of INR 45,20,000 required to participate. This is a sealed bid auction, offering a transparent and competitive bidding process.
Borrower Name:M/s. Constro Properties India Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sant Ravindra Gopal, Mr. Vilas Rajaram Kulkarni, Mr. Rajan Vasant Dali, M/s. R.B. Chaphalkar Homes Private Limited
Legal Details
Possession Status:Symbolic
Encumbrance Details:Securitisation Application no.550/2022 filed by M/s. R.B. Chaphalkar Homes Pvt Ltd (Applicant) V/s Phoenix ARC Pvt Ltd & Others (Defendants) before Debts Recovery Tribunal Pune, At Pune, wherein no interim relief/status quo has been granted to the applicants till date. Matter posted for steps/reply of defendants.
Why This Property
The property represents a calculated opportunity due to its location and size, although the symbolic possession and existing litigation warrant careful consideration. The reserve price seems reasonable for the land area, but prospective buyers should conduct thorough due diligence. It may appeal to local developers familiar with the area.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Amit Masekar
Contact no:9769497286
