Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613791
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹53,50,000
EMD:₹5,35,000
Auction Time:12:00 pm to 1:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime plot located in Chalisgaon, Jalgaon, Maharashtra. Ideal for residential development, this asset is being auctioned by Canara Bank under the SARFAESI Act. The property offers a great opportunity for investors and individuals looking to own land in a developing region. Its location in Jalgaon district ensures access to local amenities and infrastructure.
State:Maharashtra
City:Jalgaon
Area:Chalisgaon
Asset Category:Residential
Full Address:A-2-19, Plot No A-2-19, Situated at MIDC area Khadaki Budaruk, Chalisgaon, Jalgaon, Khadaki Budaruk, Chalisgaon
Size:3200 sq. mtrs
Auction Description
Canara Bank is conducting an SARFAESI auction for a residential plot in Chalisgaon, Jalgaon, Maharashtra. The auction will take place on November 25, 2025, from 12:00 PM to 01:00 PM. The reserve price for this attractive plot is ₹53,50,000, with an Earnest Money Deposit (EMD) of ₹5,35,000 required to participate. This is a unique chance to acquire property through a transparent banking auction process.
Borrower Name:M/s Ambika Trailer and Engineering Works
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial plot in a MIDC area, suggesting decent potential. The reserve price seems reasonable, but further due diligence is needed to assess the specific industrial demand and infrastructural support in Khadaki Budaruk, Chalisgaon before strong recommendation.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
