Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609810
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch, (SARB) Pune
Reserve Price:₹1,23,00,000
EMD:₹12,30,000
Auction Time:12:00:00 to 15:00:00
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Khatav, Satara, Maharashtra. The property is being auctioned by the State Bank of India under SARFAESI regulations. It represents an opportunity to acquire a flat in a well-known area. This auction is part of a process to recover dues from the borrower, Mr. Samruddhi Meat and Chicken LLP.
State:Maharashtra
City:Satara
Area:Khatav
Asset Category:Residential
Full Address:1 to 30, Plot Nos. 1 to 30 admeasuring 1 Hector 3 ares including potkharaba 8 ares bearing Survey No. 654/4, situated at Naikachiwadi Phata, Mauje Vaduj, Naikachiwadi Phata, Mauje Vaduj, Satara
Size:1 Hector
Auction Description
State Bank of India presents an online SARFAESI auction for a residential flat in Khatav, Satara, Maharashtra. The auction starts on November 20, 2025, at 12:00 PM and concludes on December 20, 2025, at 3:00 PM. The reserve price is ₹1,23,00,000, with an Earnest Money Deposit (EMD) of ₹12,30,000 required to participate. This is a unique chance to bid on a property directly from the bank.
Borrower Name:Mr Samruddhi Meat and Chicken LLP
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is agricultural land in a rural area, offered at a relatively moderate price. While it doesn't have immediate high-value potential, the long-term investment in agricultural land can be a calculated opportunity. Further due diligence is needed to assess the specific land quality and potential for development.
Contact Details
Branch:Branch Office : Stressed Assets Recovery Branch, (SARB) Pune
Service Provider:BAANKNET
Contact Details:
ABHAY D SOMKUWAR
Contact no:8275130684
