Property for Auction in Satara, Satara, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613272
Bank Name:IDBI Bank
Branch Name:Retail Recovery
Reserve Price:₹16,20,000
EMD:₹1,62,000
Service Provider:Public Auction
Submission Date:23-11-2025 05:00 PM
Bid Start Date:24-11-2025 11:00 AM
A prime plot of Non-Agricultural Land located in Satara, Maharashtra, offered for auction by IDBI Bank. This residential asset, previously belonging to Mrs. Manisha Vitthal Rakshe, presents a significant opportunity in a well-established area. Situated in Satara city, the land is accessible and suitable for residential development. The property is being auctioned under the SARFAESI Act, offering a clear title and a straightforward transaction process. Ideal for investors or individuals looking to build their dream home in a sought-after location.
State:Maharashtra
City:Satara
Area:Satara
Asset Category:Residential
Full Address:Plot No.10, Village Kshetra Mahuli, Near Jawahar Navoday Vidyalay, Tal & Dist-Satara, Kshetra Mahuli, Satara
Size:171.86 Sq.Mtrs
IDBI Bank presents an exciting SARFAESI auction for a Non-Agricultural Land parcel in Satara, Maharashtra. This is a unique chance to acquire a valuable residential property with a reserve price of INR 16,20,000. The Earnest Money Deposit (EMD) is set at INR 1,62,000. The auction will take place online on November 24, 2025, commencing at 11:00 AM and concluding at 01:00 PM. Prospective bidders are advised to review all auction terms and conditions. Don't miss this opportunity to invest in Satara's real estate market.
Borrower Name:Mrs.Manisha Vitthal Rakshe
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sagar Vitthal Rakshe
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a non-agricultural land in Satara, offering potential for various uses. With a moderate reserve price and EMD, it presents a calculated opportunity for investment in a developing area. Interested buyers should verify all details and assess market conditions before bidding.
Branch:Branch Office : Retail Recovery
Service Provider:Public Auction
Contact Details:
Ajay Kumar
Contact no:8097041014