Office for auction Shirwal Satara 7 lakh Edelweiss Asset Reconstruction Company Limited

Property for Auction in Khandala, Satara, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
209 Sq. Feet
Reserve Price
6,50,000
Reserve Price
6,50,000
EMD Required
65,000
Property Specifications
Society/BuildingPandurang Heights
Size209 Sq. Feet
Unit No.Ug 07
FloorGround Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Office
Location IconLocation:
Khandala, Satara
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609552

Bank Name:Edelweiss Asset Reconstruction Company Limited

Branch Name:Retail Central & Regd. Office

Reserve Price:6,50,000

EMD:65,000

Auction Time:11:00 AM

Service Provider:edelweiss arc

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:2025-11-20

Property Description

A commercial office space located in Khandala, Satara, Maharashtra. This property is part of a SARFAESI auction conducted by Edelweiss Asset Reconstruction Company Limited. Ideal for business ventures, this asset offers a prime location within the growing economic landscape of Satara. The property is situated in Khandala, a well-connected area known for its commercial significance. The auction presents a unique opportunity to acquire a commercial asset in a developing region. The asset was formerly owned by Pooja Ramesh Pawar.

State:Maharashtra

City:Satara

Area:Khandala

Asset Category:Commercial

Full Address:Ug 07, Pandurang Heights, Office Bearing No. Ug 07, On The Ground Floor, Pandurang Heights Situated At Village Shirwal, Taluka Khandala, District Satara, Shirwal, Satara

Building/Society:Pandurang Heights

Size:209 Sq. Feet

Auction Description

Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a commercial office property in Khandala, Satara, Maharashtra. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this auction is INR 6,50,000, with an Earnest Money Deposit (EMD) of INR 65,000 required to participate. This is a direct opportunity to acquire a commercial asset through a secured asset sale. Bidders are advised to review all auction terms and conditions prior to participation.

Borrower Name:Pooja Ramesh Pawar

Auction Type:SARFAESI Auction

Guarantor Names:Ramesh Umaji Pawar

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a small commercial office space in a semi-urban location. The reserve price is relatively low, making it a potentially calculated opportunity. Prior auction failures suggest caution, requiring due diligence on location-specific demand.

Contact Details

Branch:Branch Office : Retail Central & Regd. Office

Service Provider:edelweiss arc

Contact Details:

Contact no:18002666540

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