Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610436
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹68,00,000
EMD:₹6,80,000
Bid Increment:₹1,00,000
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 is a residential plot located in Kumbhari Taluka, Solapur, Maharashtra. The property is being auctioned by the State Bank of India under the SARFAESI Act. It offers a prime location within the Solapur region. Ideal for investment or development.
State:Maharashtra
City:Solapur
Area:Kumbhari Taluka
Asset Category:Residential
Full Address:Plot No.1, A-3 and amenity space No.1, Plot No.1, A-3 and amenity space No.1 in Gat no 385/1/2, Kumbhari, South Solapur, Kumbhari, Solapur
Size:1840.05 Square Meter
Auction Description
State Bank of India presents a SARFAESI auction for a residential plot in Kumbhari Taluka, Solapur, Maharashtra. The auction will take place on November 17, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹68,00,000, with an Earnest Money Deposit (EMD) of ₹6,80,000. This is a significant opportunity to acquire a plot in a developing area.
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 property is a plot of land in Solapur, offered at a moderate reserve price. While the location might not be prime, the size and potential for development make it a calculated opportunity. Auction terms seem standard, warranting further due diligence on location specifics.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Dheeraj Kumar
Contact no:9560205656
