Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612813
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE NASHIK
Reserve Price:₹16,00,000
EMD:₹1,60,000
Auction Time:11:00 am
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Property Description
This is a residential plot located in Bhusawal, Jalgaon, Maharashtra, up for auction by Canara Bank. The property was formerly owned by Mr. Pramod Damodar Chaudhari. It is being auctioned under the SARFAESI Act. This is a great opportunity to acquire land in a well-known area.
State:Maharashtra
City:Jalgaon
Area:Bhusawal
Asset Category:Residential
Full Address:Plot No.87 to 96, 97A,97B, 98A,98B,99A,99B, 100A,100B, 101A, Gat no.77 of Kinhi Shiwar Tal. Bhusawal & Dist. Jalgoan, Kinhi Shiwar, Bhusawal, Jalgaon
Size:1963.22 sq. mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Bhusawal, Jalgaon, Maharashtra. The reserve price for this auction is ₹16,00,000, with an Earnest Money Deposit (EMD) of ₹1,60,000 required. The auction will take place on November 21, 2025, starting at 11:00 AM and concluding at 01:00 PM. Interested bidders should ensure they meet all eligibility criteria and submit the EMD before the auction begins.
Borrower Name:Mr. Pramod Damodar Chaudhari
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vijay Prabhakar Sonar
Legal Details
Possession Status:Physical
Encumbrance Details:NOT KNOWN
Why This Property
The plot's location in Bhusawal, Jalgaon, presents a moderate investment opportunity. While the reserve price seems reasonable, further due diligence is recommended to assess the area's growth potential and comparable land values. The auction terms are standard, but a thorough legal review is advisable before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE NASHIK
Service Provider:BAANKNET
Contact Details:
Contact no:+919271069706
