Land for auction Vilage- Kavaji Kotwadi, Miraj, Sangli by Asset Reconstruction Com

Discover an excellent investment opportunity with this plot of land located in the developing area of Miraj, within the Sangli district of Maharashtra. This property is part of the Kavaji Kotwadi Grampanchayat and features existing construction spanning approximately 700 sq ft. Its strategic positioning ensures good connectivity, with a road bordering the southern side and clearly defined boundaries on the east, west, and north, adjacent to properties owned by local residents. Miraj and the broader Sangli region are experiencing steady growth, making this land parcel an attractive proposition for residential development or other commercial ventures. The proximity to local amenities and its accessibility within the Grampanchayat limits further enhance its potential value. As a land offering, it provides a flexible canvas for buyers looking to build or develop according to their specific needs, tapping into the potential of this promising locale in Maharashtra.

This SARFAESI auction presents a valuable opportunity to acquire land in Miraj, Sangli, a region known for its growing economic activity. The property, measuring approximately 700 sq ft of construction and situated within the Kavaji Kotwadi Grampanchayat, offers a strategic location with accessible boundaries, including a road to the south and adjacent properties. As a new buyer, understanding the auction process is crucial. This is a public auction facilitated by Asset Reconstruction Company (India) Ltd. (Arcil). The reserve price is set at ₹9,09,256, with an Earnest Money Deposit (EMD) of ₹90,925 required to participate. Prospective buyers must ensure their application is submitted by March 3rd, 2025, 5:00 PM, to be eligible for the auction scheduled on March 4th, 2025, from 3:30 PM to 5:00 PM. Familiarize yourself with the terms and conditions, and consider conducting due diligence on the property and its legal standing before placing a bid.