Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614609
Bank Name:Mumbai District Central Co-operative Bank Ltd
Branch Name:Mumbai
Reserve Price:₹15,63,58,692
EMD:₹1,56,35,869
Bid Increment:₹50,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-15
Property Description
A significant parcel of land located in the Patan (S) area of Satara, Maharashtra. This residential land offers a prime investment opportunity in a developing region. The property is being auctioned by Mumbai District Central Co-operative Bank Ltd as part of a SARFAESI auction. It represents a chance to acquire a substantial plot with potential for various residential developments. Situated in Satara, the area is known for its natural beauty and growing infrastructure, making this land a valuable asset for astute investors or developers.
State:Maharashtra
City:Satara
Area:Patan (S)
Asset Category:Residential
Full Address:1, 2, 4 to 6, 8, 10, 11 to 14, 16 to 25, 28 to 39, 41 to 43, 52 to 66, 70 to 110, 113 to 120, 124 to 149, 149A, 150 to 156, 160 to 162, 165 to 188, 190 to 247, 249 to 280, 282 to 316, 326 to 335, 339 to 356, 357 to 371, 374, 375, 377, 378, 380, 383 and 384, Village Bhambe, Taluka Patan, District-Satara, Bhambe, Satara
Auction Description
Mumbai District Central Co-operative Bank Ltd presents a SARFAESI auction for a prime land parcel in Patan (S), Satara, Maharashtra. The auction will be conducted online on November 15, 2025, commencing at 12:00 PM and concluding at 01:00 PM. The reserve price for this valuable asset is INR 15,63,58,692.00, with an Earnest Money Deposit (EMD) of INR 1,56,35,869.00 required to participate. This is a unique opportunity to acquire a substantial piece of land in a sought-after location. Interested bidders are advised to review all auction terms and conditions prior to bidding.
Borrower Name:Greeneries Agro Retail Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sachin Shivaji Chavan, Vijay Vitthal Tambe, Sreekumar Cheramkalam Sreedhar, Mr. Praveen Kumar, Mr. Ashok Umakant Kapoor, Mrs. Revati Ashok Kapoor
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property offers a large number of plots in a rural location. While the reserve price is substantial, the potential for agricultural or future development makes it a calculated opportunity. Interested investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Samir B. Mhapuskar
Contact no:9819858608
