Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610783
Bank Name:Indian Bank
Branch Name:SAM SMALL -pune
Reserve Price:₹42,30,000
EMD:₹4,23,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 17:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
A prime plot of Non-Agricultural Land located in the scenic area of Khandala, Satara, Maharashtra. This residential asset offers a significant opportunity for development or investment. The property is being auctioned by Indian Bank under the SARFAESI Act. Its location in Khandala provides accessibility and potential for future growth.
State:Maharashtra
City:Satara
Area:Khandala
Asset Category:Residential
Full Address:Plot no 11 to Plot No. 27, Gat No. 643, Village Atit, Palshi-Jadhavwadi Road, Tal. Khandala, Dist. Satara, Khandala, Satara
Size:2777.85 Sq. Mtrs.
Auction Description
Indian Bank is conducting a SARFAESI auction for a Non-Agricultural Land in Khandala, Satara, Maharashtra. The auction has a reserve price of INR 42,30,000 and an Earnest Money Deposit (EMD) of INR 4,23,000. Bidding will take place on November 19, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day. This is a sealed bid auction. Don't miss this chance to acquire a valuable asset.
Borrower Name:M/s. Mangalsiddhi Agro Producers Company Limited
Auction Type:SARFAESI Auction
Guarantor Names:Sh. Abhijit Rajendra Tambile, Sh. Rajendra Maruti Tambile, Mrs. Jayshree Rajendra Tambile, Sh. Dattatray Narayan Shinde, Sh. Ketan Dattatray Shinde, Mr. Balasaheb Maruti Jadhav, Mrs. Maya Alias Anjana Balu Jaadhav, Miss Arohi Balaso Jadhav
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a non-agricultural land in Khandala, a decent location in Satara. The reserve price appears reasonable given the area, but potential investors should assess the local market dynamics and accessibility before bidding. The auction terms seem standard, making it a calculated opportunity for those familiar with the region.
Contact Details
Branch:Branch Office : SAM SMALL -pune
Service Provider:BAANKNET
Contact Details:
Krishan Singh Shekhawat
Contact no:9929791909
