Plant & Machinery for auction Hatkanangale Kolhapur 46 lakh Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited

Property for Auction in Hatkanangale, Kolhapur, Maharashtra

Recommendation
Calculated OpportunityScore: 5.8
Possession
Physical
Reserve Price
46,36,000
Reserve Price
46,36,000
EMD Required
4,64,000
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plant & Machinery
Location IconLocation:
Hatkanangale, Kolhapur
Auction Date IconAuction Date:
14-11-2025 05:30 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.8

Auction ID:611102

Bank Name:Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited

Branch Name:Head Office : Ichalkaraji

Reserve Price:46,36,000

EMD:4,64,000

Auction Time:2:00 p.m.

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-14

Bid Start Date:2025-11-15

Property Description

This auction features a valuable collection of Plant & Machinery located in Hatkanangale, Kolhapur, Maharashtra. The assets are being sold on behalf of Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited as part of a SARFAESI auction. This is a unique opportunity to acquire industrial equipment suitable for various manufacturing and processing needs. The borrower for this asset is M/s. Nilesh Fabrics. The property comprises scrap, plant, and machinery, offering a diverse range of items for potential buyers. Ideal for businesses looking to expand their operational capacity or acquire specific machinery at a competitive price. Inspection of the assets is recommended to assess their condition and suitability for your requirements.

State:Maharashtra

City:Kolhapur

Area:Hatkanangale

Asset Category:Scrap, Plant & Machinery

Full Address:Hatkanangale, Tal. Hatkanangale, Dist. Kolhapur bearing Gat No. 1027, Hatkanangale, Kolhapur

Auction Description

Kallapanna Awade Ichalkarnji Janata Sahakari Bank Limited is conducting a SARFAESI auction for Plant & Machinery in Hatkanangale, Kolhapur, Maharashtra. The auction has a reserve price of ₹46,36,000 and requires an Earnest Money Deposit (EMD) of ₹4,64,000. The auction is scheduled to begin on November 14, 2025, at 5:30 PM and will conclude on the same day at 5:00 PM. This sale involves scrap, plant, and machinery previously belonging to M/s. Nilesh Fabrics. Prospective bidders are advised to review all auction terms and conditions, including the physical inspection of the assets, to ensure a well-informed decision. Don't miss this chance to acquire industrial assets through a transparent auction process.

Borrower Name:M/s.Nilesh Fabrics

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Ananda Pandurang Madhav, Mr. Akshay Ananda Madhav, Mrs. Anjana Ananda Madhav, M/s. Shri Anand Twister Prop. Mr. Ananda Pandurang Madhav HUF

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, consisting of industrial machinery, offers a specialized investment opportunity. The location in Hatkanangale, a developing industrial area, adds potential value. The reserve price and EMD terms require careful consideration for potential returns.

Contact Details

Branch:Branch Office : Head Office : Ichalkaraji

Service Provider:Public Auction

Contact Details:

Mr. Narendra Bhujgonda Patil

Contact no:9850009075

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