Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611316
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹1,76,00,000
EMD:₹17,60,000
Bid Increment:₹1,00,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
A valuable plot of land located in Shirol, Kolhapur, Maharashtra, offered for auction by Punjab National Bank. This residential plot presents a prime opportunity for development or investment in a developing area. The property is being auctioned under the SARFAESI Act. Invest in a promising location with potential for growth.
State:Maharashtra
City:Kolhapur
Area:Shirol
Asset Category:Residential
Full Address:6 and 11, Plot No.6 and 11, R.S. No-153/15+13B/2, Kolhapur-Sangli Road, Jaysinghpur, Tal.-Shirol, Dist.-Kolhapur, Jaysinghpur, Kolhapur
Size:588.50 SQ.Mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Shirol, Kolhapur. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this plot is ₹1,76,00,000, with an Earnest Money Deposit (EMD) of ₹17,60,000 required. This is a significant opportunity to acquire a property through a transparent bank auction process. Don't miss out on this chance to bid on an asset previously owned by Hotel Satish Palace.
Borrower Name:Hotel Satish Palace
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property is a plot in a developing area, offering moderate investment potential. The reserve price is relatively high, so it's important to assess the market value and development opportunities carefully. Recommendation: Calculated Opportunity.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —
