Land for auction Karivade Sawantwadi 1 Cr Central Bank of India

This auction features a prime parcel of land located in Sawantwadi, Sindhudurg, Maharashtra. The property is categorized as Residential, offering significant potential for development. It is being auctioned by the Central Bank of India under the SARFAESI Act. The borrower is M/s Hotel Laxmi Palace. This is a unique opportunity to acquire land in a developing region with considerable future prospects.

Central Bank of India is conducting a SARFAESI auction for land in Sawantwadi, Sindhudurg, Maharashtra. The reserve price is ₹1,48,60,913, with an Earnest Money Deposit (EMD) of ₹14,86,092. The auction will take place on 31-10-2025, starting at 10:00 AM and closing at 06:00 PM. This is a sealed bid auction. Interested parties are advised to review all auction terms and conditions carefully.