Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609752
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,11,45,000
EMD:₹11,14,500
Bid Increment:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
This is a commercial property located in Shirur, Pune, Maharashtra, brought to auction by Union Bank of India. The property is being auctioned under SARFAESI rules due to default by the borrower, M/s Evergreen Agro Irrigation Systems LLP. This presents a significant opportunity to acquire commercial real estate in a developing area of Pune. The auction will be conducted online, offering a convenient platform for interested bidders.
State:Maharashtra
City:Pune
Area:Shirur
Asset Category:Commercial
Full Address:Gat No.81, Khata No. 347, Talegaon-Nhavare Road. Village Parodi, Taluka - Shirur, Dist-Pune 412208, Parodi, Pune
Size:2500 Sq Mtrs
Auction Description
Union Bank of India is conducting an online SARFAESI auction for a commercial property in Shirur, Pune. The auction will take place on November 14, 2025, from 12:00 PM to 5:00 PM. The reserve price for this commercial asset is ₹1,11,45,000.0, with an Earnest Money Deposit (EMD) of ₹11,14,500.0 required to participate. This is a prime opportunity for investors and businesses to acquire a commercial property in Maharashtra.
Borrower Name:M/s Evergreen Agro Irrigation Systems LLP
Auction Type:SARFAESI Auction
Guarantor Names:Mohan Vitthal Shitole, Digamber Ramrao Dhamdhere, Sampat Balaso Temgire, Vasant Shivaji Dhamdhere, Mrs. Chabubai Ramrao Dhamdhere, Mrs. Shubhangi Mohan Shitole
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This commercial land in Shirur presents a moderate investment opportunity, given its location and commercial zoning. While the reserve price is reasonable, potential investors should carefully assess the local market dynamics and growth potential before making a decision.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
