Land for auction Marali Kolhapur 39 lakh Union Bank of India

Property for Auction in Panhala, Kolhapur, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2600 sq. ft.
Reserve Price
39,45,000
Reserve Price
39,45,000
EMD Required
3,94,500
Property Specifications
Size2600 sq. ft.
Unit No.281
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Panhala, Kolhapur
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:2025-11-14

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to the Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

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