Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609708
Bank Name:DNS BANK
Branch Name:Recovery Dept
Reserve Price:₹10,80,000
EMD:₹1,08,000
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. It is part of a bank auction conducted by DNS BANK. The property is being auctioned under the SARFAESI Act.
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
Size:2984.00 sq. mtrs.
Auction Description
DNS BANK is conducting a SARFAESI auction for a residential plot in Dapoli (R), Ratnagiri, Maharashtra. The auction is scheduled to start on December 2, 2025, at 11:30 AM and will conclude at 01:30 PM on the same day. The reserve price for this property is ₹10,80,000, with an Earnest Money Deposit (EMD) of ₹1,08,000. This is an excellent opportunity for investors and individuals looking for property in the Ratnagiri region.
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 plots offer a reasonable investment opportunity given the location in Dapoli and the reserve price. While not a prime metropolitan area, the relatively low price point and bank auction terms make it a calculated risk. Further due diligence is recommended to assess local market conditions.
Contact Details
Branch:Branch Office : Recovery Dept
Service Provider:Public Auction
Contact Details:
Mr. Shashikant S. Gawade
Contact no:9870995621
