Property for Auction in Panhala, Kolhapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610805
Bank Name:Union Bank of India
Branch Name:Regional Office
Reserve Price:₹39,45,000
EMD:₹3,94,500
Auction Time:12:00 PM to 5:00 PM
Service Provider:BAANKNET
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Union Bank of India is auctioning a plot of land in the historic area of Panhala, Kolhapur, Maharashtra. This residential land offers a great opportunity for development or personal use. Located in a region known for its heritage, the property provides a serene environment. The auction is conducted under SARFAESI Act. The borrower is Mr. SANGRAM NAMDEV PINJARE.
State:Maharashtra
City:Kolhapur
Area:Panhala
Asset Category:Residential
Full Address:281, Grampanchayat Milkat No 281, Ward No 3, Dagat Galli at Marali, Marali, Kolhapur
Size:2600 sq. ft.
This is an online SARFAESI auction conducted by Union Bank of India for a land property in Panhala, Kolhapur. The auction will take place on 14-11-2025, starting at 12:00 PM and closing at 05:00 PM. The reserve price for this valuable plot is INR 39,45,000, with an Earnest Money Deposit (EMD) of INR 3,94,500. Don't miss this chance to acquire a property in a sought-after location.
Borrower Name:Mr. SANGRAM NAMDEV PINJARE
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. INDUBAI NAMDEV PINJARE, Mr. NAMDEV BALU PINJARE
Possession Status:Symbolic
Encumbrance Details:Not Known to the Bank
The property is a land parcel in a rural location, offered at a moderate reserve price. While land investments can appreciate, the lack of immediate income potential and specific location details suggest a 'Calculated Opportunity'. Prospective buyers should conduct thorough due diligence on local market demand and future development possibilities before bidding.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220