Property for Auction in Warud, Amravati, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609348
Bank Name:Bank of Baroda
Branch Name:Regional Office - Stressed Assets Recovery Branch
Reserve Price:₹3,82,500
EMD:₹38,250
Bid Increment:₹10,000
Auction Time:14:00:00 to 18:00:00
Service Provider:BAANKNET
Submission Date:09-11-2025 05:00 PM
Bid Start Date:2025-11-10
This auction features a diverse lot of plant and machinery located in Warud, Amravati, Maharashtra. The assets are categorized as scrap and are being auctioned under the SARFAESI Act by Bank of Baroda. These items represent an excellent opportunity for businesses looking to acquire industrial equipment or raw materials for recycling and repurposing.
State:Maharashtra
City:Amravati
Area:Warud
Asset Category:Scrap, Plant & Machinery
Full Address:Mouza Sawanga Field Gut No.39 Tah Warud Dist. Amravati, Sawanga, Amravati
Bank of Baroda presents a SARFAESI auction for plant and machinery located in Warud, Amravati. The auction will commence on November 10, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price is set at ₹3,82,500.00, with an Earnest Money Deposit (EMD) of ₹38,250.00 required. This is a prime opportunity to acquire industrial assets seized from M/s Shashi Industries.
Borrower Name:M/s Shashi Industries
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kisan Ganpatrao Nimbalkar
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
This plant and machinery auction in Warud presents a calculated opportunity for investors in the industrial sector. While the location may have limitations, the attractive reserve price and potential for industrial use make it a worthwhile consideration for businesses looking to expand or acquire assets at a lower cost. Terms of the auction appear standard, and due diligence is recommended to assess full potential.
Branch:Branch Office : Regional Office - Stressed Assets Recovery Branch
Service Provider:BAANKNET
Contact Details:
AUTHORIZED OFFICER
Contact no:9450802051