Plant & Machinery for auction Shelu Vetal Akola 5 lakh Bank of Baroda

Property for Auction in Murtizapur,, Akola, Maharashtra

Recommendation
Calculated OpportunityScore: 5.5
Possession
Symbolic
Reserve Price
4,95,000
Reserve Price
4,95,000
EMD Required
49,500
Property Specifications
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plant & Machinery
Location IconLocation:
Murtizapur,, Akola
Auction Date IconAuction Date:
10-11-2025 02:00 PM

Auction Details

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

Important Dates

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

Bid Start Date:2025-11-10

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

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

Service Provider:BAANKNET

Contact Details:

Contact no:9450802051

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