Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610443
Bank Name:Indian Bank
Branch Name:Zonal Office : Pune
Reserve Price:₹1,67,00,000
EMD:₹16,70,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 17:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
A prime plot of land located in Shendre, Satara, Maharashtra. This residential land parcel offers a significant investment opportunity in a developing area. Ideal for building residential units or for future development projects. The property is being auctioned by Indian Bank.
State:Maharashtra
City:Satara
Area:Shendre
Asset Category:Residential
Full Address:Amarai Resort Survey No 01, Near HN-04, Mauje Shendre, Taluka & District Satara-415001, Shendre, Satara
Size:22262.44 Sq. Feet
Auction Description
Indian Bank presents a SARFAESI auction for a valuable land parcel in Shendre, Satara. The auction will take place on November 19, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹1,67,00,000, with an Earnest Money Deposit (EMD) of ₹16,70,000 required to participate. This is a unique chance to acquire land in a sought-after location.
Borrower Name:M/S Amrai Resort
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ravindra Vasantrao Pawar, Mrs. Shivanjali Ravindra Pawar, Mr. Pruthviraj Ravindra Pawar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large land parcel in Shendre, Satara, offered at a reasonable reserve price. While the location may not be prime, the size and potential for development make it a calculated opportunity. Due diligence is recommended to assess local market conditions and potential encumbrances.
Contact Details
Branch:Branch Office : Zonal Office : Pune
Service Provider:BAANKNET
Contact Details:
Mithilesh / Babita Mandpe
Contact no:7839260103/7263997474
