Property for Auction in Mohol, Solapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613843
Bank Name:Bank of India
Branch Name:Pune recovery branch
Reserve Price:₹2,06,55,000
EMD:₹20,65,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-25
Bid Start Date:2025-11-25
This auction features a valuable parcel of land located in Mohol, Solapur, Maharashtra. Suitable for residential development, this asset is part of a SARFAESI auction conducted by the Bank of India. The property is offered with a reserve price of ₹2,06,55,000. This is a prime opportunity to acquire land in a developing area. The earnest money deposit (EMD) required for participation is ₹20,65,000. The borrower associated with this asset is M/s Rajmangal Milk and Agro Foods Pvt Ltd.
State:Maharashtra
City:Solapur
Area:Mohol
Asset Category:Residential
Full Address:Gat no 949/2/A, Vill Mohol, Tal Mohol Dist Solapur, Mohol, Solapur
Size:8100 sq mtrs
The Bank of India is conducting a SARFAESI auction for a residential land parcel in Mohol, Solapur, Maharashtra. The auction will take place on November 25, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this land is set at ₹2,06,55,000, with an Earnest Money Deposit (EMD) of ₹20,65,000 required to participate. This is a timed online auction, offering a convenient and transparent bidding process for interested parties looking to invest in Solapur's real estate market.
Borrower Name:M/s Rajmangal Milk and Agro Foods Pvt Ltd
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:No known Encumbrance
The property is a sizable land parcel in Mohol, Solapur. While the location might not be prime urban, the size and the price point suggest a calculated investment opportunity, particularly for agricultural or industrial purposes. Auction terms are standard, and the symbolic possession indicates potential complexities.
Branch:Branch Office : Pune recovery branch
Service Provider:BAANKNET
Contact Details:
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