Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610996
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹23,25,000
EMD:₹2,32,500
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a residential plot located in Walwa, Sangli, Maharashtra. The property is being auctioned by Canara Bank under SARFAESI rules. It's an opportunity to acquire land in a developing area.
State:Maharashtra
City:Sangli
Area:Walwa
Asset Category:Residential
Full Address:12, Plot No. 12, Old R.S.No. 1355/35, R.S. No. 650/35, Near Basveshwar Medical, Ashta, Sangli
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Walwa, Sangli, Maharashtra. The property belongs to Mr Akash Ramchandra Nalawade. The reserve price is ₹23,25,000, with an EMD of ₹2,32,500. The auction will take place on 25-11-2025, starting at 12:00 PM and concluding at 01:00 PM. Interested bidders should review all auction terms and conditions.
Borrower Name:Mr Akash Ramchandra Nalawade
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Walwa, Sangli presents a calculated opportunity due to its location and reserve price. While not a prime investment, the property's potential for development and appreciation warrants consideration. The auction terms are standard, making it a viable option for investors familiar with the local market.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
