Property for Auction in Kumbhari Taluka, Solapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610435
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹4,01,00,000
EMD:₹40,10,000
Bid Increment:₹2,00,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-17
Bid Start Date:2025-11-17
This auction features a significant parcel of land located in Kumbhari Taluka, Solapur, Maharashtra. The property, categorized as residential, is being offered by the State Bank of India. This is an excellent opportunity to acquire land in a developing region with potential for various uses. The land is part of a SARFAESI auction, providing a clear title for prospective buyers. Solapur offers a growing economic landscape, making this land a valuable investment. Don't miss out on this chance to secure a prime plot.
State:Maharashtra
City:Solapur
Area:Kumbhari Taluka
Asset Category:Residential
Full Address:Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti, Maryadit, Land at Gat No. 351/1 Plot Nos. 3,6,7,8,9,10,5,10,11,12 at Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti, Maryadit, Kumbhari, Solapur
Building/Society:Godutai Paruadekar Mahila Bidi Kamgar SahakariGruh Nirman Samiti, Maryadit
Size:21632.21 Square Meter
The State Bank of India is conducting a SARFAESI auction for a prime land property in Kumbhari Taluka, Solapur, Maharashtra. The auction is set to take place on November 17, 2025, with bidding open from 11:00 AM to 4:00 PM. The reserve price for this valuable asset is ₹4,01,00,000, with an Earnest Money Deposit (EMD) of ₹40,10,000 required to participate. This is a unique opportunity for individuals or developers to acquire a significant landholding. Secure your participation by submitting the required EMD and get ready to bid.
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.
Possession Status:As is where Is basis, As is what is basis and Whatever there is basis
Encumbrance Details:Not Known to Bank
The land parcel in Kumbhari, Solapur, offers a considerable area with potential for development, making it a calculated opportunity. The reserve price, while significant, needs thorough market assessment, and given the industrial surroundings, it might appeal to specific sectors. Investors should carefully evaluate the location and auction terms before bidding.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Mr. Dheeraj Kumar
Contact no:9560205656