Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611100
Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited
Branch Name:Head Office : Ichalkaraji
Reserve Price:₹2,20,000
EMD:₹22,000
Auction Time:2:00 p.m. in the same office
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
This auction features miscellaneous plant and machinery located in Hatkanangale, Kolhapur, Maharashtra. The assets are categorized as scrap and are part of a SARFAESI auction conducted by Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited. These items were associated with the borrower M/s. Nilesh Fabrics. Ideal for those looking for industrial scrap or components for refurbishment.
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 holding a SARFAESI auction for scrap plant and machinery. The auction will take place online on November 14, 2025, starting at 5:00 PM and ending at 5:30 PM. The reserve price for the assets is ₹2,20,000, with an Earnest Money Deposit (EMD) of ₹22,000 required. This is an opportunity to acquire industrial machinery from the Kolhapur region.
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, Mrs. Anjana Ananda Madhav, Mr. Nilesh Ananda Madhav, M/s. Shri Anand Twister Prop. Mr. Ananda Pandurang Madhav
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The machinery auction in Hatkanangale offers a chance to acquire industrial equipment at a potentially discounted price. While the specific equipment details are limited, the location and bank's involvement suggest a reasonable investment with calculated risk. Due diligence and inspection are crucial before bidding.
Contact Details
Branch:Branch Office : Head Office : Ichalkaraji
Service Provider:Public Auction
Contact Details:
D. V. Patil
Contact no:9665041768
