Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610434
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹2,86,00,000
EMD:₹28,60,000
Bid Increment:₹2,00,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-17
Property Description
This offering presents a significant land parcel located in Kumbhari Taluka, Solapur, Maharashtra. The asset, categorized as residential, is part of a SARFAESI auction conducted by the State Bank of India. The property is associated with M/s. Pandhe Infracons Pvt. Ltd. This is an opportunity to acquire a substantial landholding in a developing region.
State:Maharashtra
City:Solapur
Area:Kumbhari Taluka
Asset Category:Residential
Full Address:Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti Maryadit, Gat No. 349, Plot Nos. 2,4,7,9,14,15,24,31 at Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti Maryadit, Kumbhari, Solapur
Building/Society:Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti Maryadit
Size:12918.43 Square Meter
Auction Description
The State Bank of India is conducting a SARFAESI auction for a land property in Kumbhari Taluka, Solapur. The auction will take place on 17-11-2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this auction is ₹2,86,00,000, with an Earnest Money Deposit (EMD) of ₹28,60,000 required to participate. Interested bidders should review all auction terms and conditions provided by the State Bank of India.
Borrower Name:M/s. Pandhe Infracons Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ankur Anil Pandhe, Mrs. Rohini Anil Pandhe, Mrs. Pooja Ankur Pandhe, M/s. Pandhe Construction Pvt. Ltd.
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land offers a decent investment opportunity due to its size and location in Kumbhari, Solapur. The reserve price appears reasonable. However, potential investors should carefully assess the locality's market conditions and growth prospects before bidding.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Mr. Dheeraj Kumar
Contact no:9560205656
