Plot for auction Chandika Nagar Ratnagiri 7 lakh DNS BANK

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

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Reserve Price
6,54,000
Reserve Price
6,54,000
EMD Required
65,000
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: 6.5

Auction ID:609710

Bank Name:DNS BANK

Branch Name:Recovery Dept

Reserve Price:6,54,000

EMD:65,000

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, offered for sale by DNS BANK through a SARFAESI auction. The property, formerly belonging to Mrs. Anagha Kedar Deshpande, presents a unique opportunity for investment or development in a scenic coastal region known for its natural beauty and growing tourism potential. Dapoli is a popular destination, offering a serene environment with access to beaches and local amenities. This plot is ideal for constructing a dream home or a holiday getaway. The auction process is transparent and governed by the SARFAESI Act, ensuring a secure transaction.

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 conducting a SARFAESI auction for a valuable residential plot in Dapoli (R), Ratnagiri, Maharashtra. 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 plot is ₹6,54,000, with an Earnest Money Deposit (EMD) of ₹65,000 required to participate. This is a public auction, providing an excellent chance to acquire property in a sought-after location. Interested bidders are advised to review all auction terms and conditions prior to participation. Secure your investment in this promising coastal area through this official bank auction.

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 in Dapoli, Ratnagiri offer a decent investment opportunity at a reasonable reserve price. While not a prime location, the lower price point and the potential for future development make it a calculated risk. Due diligence is essential 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

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