Plant & Machinery for auction Sawanga Amravati 4 lakh Bank of Baroda

Property for Auction in Warud, Amravati, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Reserve Price
3,82,500
Reserve Price
3,82,500
EMD Required
38,250
Property Specifications
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plant & Machinery
Location IconLocation:
Warud, Amravati
Auction Date IconAuction Date:
10-11-2025 02:00 PM

Auction Details

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

Important Dates

Submission Date:09-11-2025 05:00 PM

Bid Start Date:2025-11-10

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office - Stressed Assets Recovery Branch

Service Provider:BAANKNET

Contact Details:

AUTHORIZED OFFICER

Contact no:9450802051

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