Property for Auction in sangli, Sangli, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609774
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,70,10,000
EMD:₹17,01,000
Bid Increment:₹1,00,000
Service Provider:BAANKNET
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
A prime parcel of land located in the bustling city of Sangli, Maharashtra. This plot, categorized as residential, presents a unique investment opportunity. The property is being auctioned by Union Bank of India under the SARFAESI Act. Situated in a well-connected area, it offers potential for development or personal use. The land is ideal for those looking to acquire a valuable asset in a growing region. Detailed site inspection is recommended.
State:Maharashtra
City:Sangli
Area:sangli
Asset Category:Residential
Full Address:Gat No.200, Yevalewadi, Tal-Kadegaon, Dist-Sangli, Yevalewadi, Sangli
Size:1.27 Hectares
Union Bank of India is conducting an SARFAESI auction for a significant land parcel in Sangli, Maharashtra. The auction will take place on November 14, 2025, from 12:00 PM to 05:00 PM. The reserve price for this valuable asset is INR 1,70,10,000, with an Earnest Money Deposit (EMD) of INR 17,01,000 required to participate. This is a unique chance to own a piece of Sangli's real estate market. Interested bidders are advised to review all auction terms and conditions provided by the bank.
Borrower Name:M/s C M Bio Agro Processing Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Chandrakant Ramchandra More, Sagar Mahadev Gaikwad, Krishnat Mahadev Patil
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The land in Sangli presents a calculated opportunity due to its potential for agricultural or industrial use. The reserve price is reasonable, but further due diligence is needed to assess local market conditions and potential returns. Symbolic possession adds a layer of complexity.
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
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