Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611308
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹34,10,000
EMD:₹3,41,000
Bid Increment:₹5,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a land parcel located in Hatkanangale, Kolhapur, Maharashtra, being auctioned by Punjab National Bank. The property is categorized as residential land. It is part of a SARFAESI auction, initiated due to the borrower, Subhash Annappa Mangave, defaulting on obligations.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Residential
Full Address:CS No. 24819, gat No. 149/53 (Part), Ward No. 20, Behind Jiveshwar Mandir, Bhone Mala, Kabnur, Ichalkaranji, Tal. Hatkanangale, Dist. Kolhapur, Kabnur, Ichalkaranji, Kolhapur
Size:256.02 Sq.Mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Hatkanangale, Kolhapur, Maharashtra. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this property is ₹3,410,000.00, with an Earnest Money Deposit (EMD) of ₹341,000.00 required to participate.
Borrower Name:Subhash Annappa Mangave
Auction Type:SARFAESI Auction
Guarantor Names:Shrikant Subhash Mangave
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The land is located in a developing area and is offered at a reasonable reserve price making it a calculated opportunity. However, further due diligence is recommended regarding the surrounding properties and local development plans before investing due to the known encumbrances.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —
