Land for auction Yevalewadi Sangli 2 Cr Union Bank of India

Property for Auction in sangli, Sangli, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
1.27 Hectares
Reserve Price
1,70,10,000
Reserve Price
1,70,10,000
EMD Required
17,01,000
Property Specifications
Size1.27 Hectares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
sangli, Sangli
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:14-11-2025 12:00 PM

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Asset Recovery Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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