Plot for auction Chandika Nagar Ratnagiri 10 lakh DNS BANK

Property for Auction in Dapoli (R), Ratnagiri, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
10,00,000
Reserve Price
10,00,000
EMD Required
1,00,000
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Dapoli (R), Ratnagiri
Auction Date IconAuction Date:
02-12-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609705

Bank Name:DNS BANK

Branch Name:Recovery Dept

Reserve Price:10,00,000

EMD:1,00,000

Auction Time:11:30 a.m. onwards

Service Provider:Public Auction

Important Dates

Submission Date:01-12-2025 05:00 PM

Bid Start Date:2025-12-02

Property Description

This is a residential plot located in Dapoli (R), Ratnagiri, Maharashtra. The property is part of a SARFAESI auction conducted by DNS BANK on behalf of the borrower, Mrs. Anagha Kedar Deshpande. It presents a potential opportunity for land ownership in the coastal region of Ratnagiri.

State:Maharashtra

City:Ratnagiri

Area:Dapoli (R)

Asset Category:Residential

Full Address:Village Chandika Nagar, Near Kolthare Panchnadi, Taluka Dapoli, Dist Ratnagiri, Chandika Nagar, Ratnagiri

Auction Description

DNS BANK is holding a SARFAESI auction for a residential plot in Dapoli (R), Ratnagiri. The auction will commence on December 2, 2025, at 11:30 AM and conclude at 01:30 PM on the same day. The reserve price for this property is INR 1,000,000, with an Earnest Money Deposit (EMD) of INR 100,000 required to participate. This is a public auction for the sale of the mortgaged property.

Borrower Name:Mrs. Anagha Kedar Deshpande

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property presents a calculated opportunity due to its location in a developing area of Ratnagiri and relatively affordable reserve price. The auction terms are standard, and further due diligence on encumbrances is advisable before bidding. Overall, it's a moderate risk with the potential for decent returns.

Contact Details

Branch:Branch Office : Recovery Dept

Service Provider:Public Auction

Contact Details:

Mr. Shashikant S. Gawade

Contact no:9870995621

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