Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614106
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹65,32,000
EMD:₹6,53,200
Bid Increment:₹66,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:28-11-2025 11:00 AM
Property Description
Discover an exceptional investment opportunity with this vacant plot located in the developing area of Padharpur, Solapur, Maharashtra. This residential plot, designated for sale by Union Bank of India through a SARFAESI auction, offers a prime location for future development or personal use. Situated in a region experiencing growth, the property presents a blank canvas for your vision. Don't miss the chance to acquire a valuable asset in a promising locale.
State:Maharashtra
City:Solapur
Area:Padharpur
Asset Category:Residential
Full Address:33, Shivparvati Nagar, Property No. 4 Property of NA Plot No. 33 Sr. No. 102/1B, Shivparvati Nagar, Link Road, Pandharpur, Solapur, Maharashtra
Building/Society:Shivparvati Nagar
Size:374.85 sq.mtr
Auction Description
Union Bank of India presents a SARFAESI auction for a residential plot in Padharpur, Solapur. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is ₹6,532,000, with an Earnest Money Deposit (EMD) of ₹653,200 required to participate. This is a significant opportunity to acquire a plot of land in Maharashtra, brought to you by the bank after due process. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:M/s Babar Agro Food Products
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Appasaheb Manohar Babar, Mr. Manohar Uddhavrao Babar, Mrs. Rekha Manohar Babar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing locality, which can be a good investment. The reserve price seems reasonable, but potential buyers should assess the location and growth prospects carefully. It falls under Calculated Opportunity due to its balance of potential and moderate risk factors.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
Contact no: —
