Plot for auction 2 DESCRIPTION OF THE PROPERTY, Rajapur, Ratnagiri by BOI

This auction features a residential plot situated in Rajapur, a key area within the Ratnagiri district of Maharashtra. The property is an asset being auctioned by Union Bank of India, formerly associated with M/s. Deepak Sadashiv Palsule. The plot offers a unique opportunity for development or personal use in a region known for its scenic beauty and growing potential. Located in Rajapur, it provides convenient access to local amenities and infrastructure. This is a legal sale conducted under the SARFAESI Act, ensuring a transparent transaction process. The land parcel is suitable for residential purposes, making it an attractive investment for buyers seeking property in this coastal district of Maharashtra.

Union Bank of India presents a SARFAESI auction for a residential plot located in Rajapur, Ratnagiri, Maharashtra. The property is offered by the bank under the SARFAESI Act. The reserve price for this auction is ₹47,62,355.00, with an Earnest Money Deposit (EMD) of ₹4,76,235.00 required to participate. This is a prime opportunity to acquire a plot in a desirable location. The auction will be conducted online on August 29, 2025, commencing at 12:00 PM and concluding at 5:00 PM. Interested bidders are encouraged to review all auction terms and conditions on the bank's official portal. Don't miss this chance to invest in Ratnagiri.