Property for Auction in Khandala, Satara, Maharashtra
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
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Retail Central & Regd. Office
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540