Property for Auction in Burhannagar, Ahmednagar, Maharashtra
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609682
Bank Name:SHRI CHHATRAPATI RAJARSHI SHAHU URBAN CO-OP. BANK LTD
Branch Name:BEED
Reserve Price:₹7,92,000
EMD:₹80,000
Auction Time:11.00 AM
Service Provider:Public Auction
Submission Date:2025-11-13
Bid Start Date:2025-11-14
This offering presents a unique opportunity to acquire land in Burhannagar, Ahmednagar, Maharashtra. The plot is designated as residential, making it suitable for various development purposes. Located in a developing area, this land offers potential for future growth and investment. The auction is being conducted under the SARFAESI Act by SHRI CHHATRAPATI RAJARSHI SHAHU URBAN CO-OP. BANK LTD. This is a direct opportunity to own a piece of land in a prominent city of Maharashtra.
State:Maharashtra
City:Ahmednagar
Area:Burhannagar
Asset Category:Residential
Full Address:47, Om Siddhivinayak Residency, At. Mauje Burhannagar, Tq. Dist. A.nagar, Gut/ Survey No.59/3/2/59/4/2 in Plot No.47, Burhannagar, Ahmednagar
Building/Society:Om Siddhivinayak Residency
Size:195.00 Sq.Miter
SHRI CHHATRAPATI RAJARSHI SHAHU URBAN CO-OP. BANK LTD is conducting a SARFAESI auction for a residential land parcel in Burhannagar, Ahmednagar, Maharashtra. The property belongs to M/s Shivshakti Ruping Industries. The auction will take place on 14-11-2025, commencing at 11:00 AM and concluding at 01:00 PM. The reserve price for this land is INR 7,92,000, with an Earnest Money Deposit (EMD) of INR 80,000 required to participate. This is a public auction, offering a transparent process for interested buyers.
Borrower Name:M/s Shivshakti Ruping Industries
Auction Type:SARFAESI Auction
Guarantor Names:Gawade Suresh Mugutrao, Aagre Sandeep Gangadhar, Dangat Gorakh Baban
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a land plot in Burhannagar, Ahmednagar, offered at a relatively accessible reserve price. While land auctions carry inherent risks, the location and price point present a calculated investment opportunity. Further due diligence is advised to assess local market conditions and potential for appreciation.
Branch:Branch Office : BEED
Service Provider:Public Auction
Contact Details:
Kadam G.B.
Contact no:9881225570