Non-Agricultural Land for auction Kshetra Mahuli Satara 16 lakh IDBI Bank Ltd.

Property for Auction in Satara, Satara, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
171.86 Sq.Mtrs
Reserve Price
16,20,000
Reserve Price
16,20,000
EMD Required
1,62,000
Property Specifications
Size171.86 Sq.Mtrs
Unit No.Plot No.10
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Non- Agricultural Land
Location IconLocation:
Satara, Satara
Auction Date IconAuction Date:
24-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:23-11-2025 05:00 PM

Bid Start Date:24-11-2025 11:00 AM

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Retail Recovery

Service Provider:Public Auction

Contact Details:

Ajay Kumar

Contact no:8097041014

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