Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611118
Bank Name:Canara Bank
Branch Name:STRESSED ASSETS MANAGEMENT BRANCH
Reserve Price:₹1,69,00,000
EMD:₹16,90,000
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-15
Property Description
This auction features a comprehensive lot of plant and machinery located in Manor, Palghar, Maharashtra. The assets belong to M/s. Elegant Forge & Equipment Pvt Ltd and are categorized as scrap, plant & machinery. This presents an opportunity for buyers interested in industrial equipment and materials. The property is being auctioned by Canara Bank under the SARFAESI Act.
State:Maharashtra
City:Palghar
Area:Manor
Asset Category:Scrap, Plant & Machinery
Full Address:Gat No. 42 Vill. Kanchad, Tal-Wada Near Bil Energy Systems Ltd., Off- Wada-Manor Road Gorkhe Phata, Dist.- palghar-421303, Manor, Palghar
Auction Description
Canara Bank is conducting a SARFAESI auction for plant and machinery in Manor, Palghar, Maharashtra. The auction will take place on November 15, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is INR 1,69,00,000, with an Earnest Money Deposit (EMD) of INR 16,90,000. This is a valuable opportunity to acquire industrial assets.
Borrower Name:M/s. Elegant Forge & Equipment Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ravindra K Mogra, Mrs. Meena R Mogra, Jayshree M Limbani, Mr. Manilal H Limbani, M/s Elegant Creations Pvt. Ltd.
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial plant and machinery located in Manor, Palghar. With a reserve price of ₹16900000, it could be a worthwhile investment. Location and type of property are key considerations.
Contact Details
Branch:Branch Office : STRESSED ASSETS MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Kishor Mane / Pranay Somkuwar
Contact no:8097590904/9284314112
