Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611103
Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited
Branch Name:Head Office : Ichalkaraji
Reserve Price:₹11,26,000
EMD:₹1,13,000
Auction Time:02:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
This auction features various lots of plant and machinery, classified as scrap, located in Hatkanangale, Kolhapur, Maharashtra. The assets were previously associated with M/s. Nilesh Fabrics.
State:Maharashtra
City:Kolhapur
Area:Hatkanangale
Asset Category:Scrap, Plant & Machinery
Full Address:Hatkanangale, Tal. Hatkanangale, Dist. Kolhapur, Hatkanangale, Kolhapur
Auction Description
Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited is conducting a SARFAESI auction for plant and machinery (scrap) in Hatkanangale, Kolhapur. The auction has a reserve price of ₹11,26,000 and an EMD of ₹1,13,000. The bidding period is scheduled to begin on 14-11-2025 at 05:00 PM and conclude on the same day at 05:30 PM.
Borrower Name:M/s.Nilesh Fabrics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ananda Pandurang Madhav, Mr. Akshay Ananda Madhav, Mrs. Anjana Ananda Madhav, M/s. Shri Anand Twister Prop. Mr. Ananda Pandurang Madhav HUF
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The machinery auction in Hatkanangale presents a calculated opportunity for businesses seeking to expand or replace equipment at a potentially lower cost. The location is industrially relevant, and the reserve price warrants consideration. However, a thorough inspection and understanding of the machinery's condition are crucial before bidding.
Contact Details
Branch:Branch Office : Head Office : Ichalkaraji
Service Provider:Public Auction
Contact Details:
D. V. Patil
Contact no:9665041768
