Property for Auction in Murtizapur,, Akola, Maharashtra
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609349
Bank Name:Bank of Baroda
Branch Name:Regional Office - Stressed Assets Recovery Branch
Reserve Price:₹4,95,000
EMD:₹49,500
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 is a bank auction by Bank of Baroda for plant and machinery located in Murtizapur, Akola, Maharashtra. The asset category is scrap, plant & machinery, previously belonging to M/s. Santaji Mineral Water Plant. This SARFAESI auction presents an opportunity to acquire industrial equipment. Key details include a reserve price of INR 495,000 and an Earnest Money Deposit (EMD) of INR 49,500. The auction is scheduled for November 10, 2025, from 2:00 PM to 6:00 PM. Interested bidders should review all auction terms and conditions provided by the Bank of Baroda.
State:Maharashtra
City:Akola
Area:Murtizapur,
Asset Category:Scrap, Plant & Machinery
Full Address:Field Survey No.193, Mouze-Shelu Vetal Within Limits of Tah-Murtizapur Dist. Akola, Shelu Vetal, Akola
Bank of Baroda is conducting an online SARFAESI auction for scrap plant and machinery. The auction property is situated in Murtizapur, Akola, Maharashtra, and was formerly owned by M/s. Santaji Mineral Water Plant. The auction has a reserve price of INR 495,000 and requires an EMD of INR 49,500. Bidders must register and submit their bids within the auction period, which runs from November 10, 2025, 02:00 PM to November 10, 2025, 06:00 PM. Ensure all documentation and bid requirements are met before participating.
Borrower Name:M/s. Santaji Mineral Water Plant
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shrikrishna Pandurang Gulhane, Raju Chintamanrao Banarase
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property presents a niche industrial opportunity with water treatment equipment in Akola. The relatively low reserve price and clear auction terms make it a calculated opportunity for businesses familiar with the industry. Due diligence is recommended to assess equipment condition and market demand.
Branch:Branch Office : Regional Office - Stressed Assets Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9450802051