Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609772
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹25,44,000
EMD:₹2,54,400
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
Union Bank of India presents an auction for a prime plot of Non-Agricultural Land located in Phaltan, Satara, Maharashtra. This residential asset, formerly associated with M/s Parag Powder coating & Engineering Work, offers a significant investment opportunity in a developing area. The land is suitable for various residential development projects. Don't miss this chance to acquire valuable real estate through a transparent SARFAESI auction process.
State:Maharashtra
City:Satara
Area:Phaltan
Asset Category:Residential
Full Address:Village Mulikwadi, Tal- Phaltan, Dist-Satara, Mulikwadi, Satara
Size:40 R
Auction Description
This is a SARFAESI auction conducted by Union Bank of India for a Non-Agricultural Land in Phaltan, Satara. The auction will take place on November 14, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹25,44,000, with an Earnest Money Deposit (EMD) of ₹2,54,400 required to participate. Secure your bid for this promising property.
Borrower Name:M/s Parag Powder coating & Engineering Work
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sanjay Balasaheb Shinde
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land is located in a rural area and is being sold at a relatively low price. However, the symbolic possession status and lack of specific auction dates mean that careful due diligence is required before investing.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
