Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609583
Bank Name:Debts Recovery Tribunal
Branch Name:pune
Reserve Price:₹17,94,75,181
EMD:₹1,79,47,518
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-05
Property Description
This auction features a valuable plot of land located in Karveer, Kolhapur, Maharashtra. The property is categorized as residential and is being auctioned by the Debts Recovery Tribunal under the SARFAESI Act. Ideal for developers or investors looking to acquire land in a developing area. The plot offers significant potential for future development.
State:Maharashtra
City:Kolhapur
Area:Karveer
Asset Category:Residential
Full Address:Gat No.292/1/1 and 294/1 situated at Unchgaon, Taluka Karveer, Dist. Kolhapur, Unchgaon, Kolhapur
Size:0.63 Aar
Auction Description
This is a SARFAESI auction conducted by the Debts Recovery Tribunal for a plot in Karveer, Kolhapur, Maharashtra. The auction will take place on December 5, 2025, between 11:00 AM and 01:00 PM. The earnest money deposit (EMD) is ₹17,947,518.0, with a reserve price of ₹179,475,181.0. This is a prime opportunity to acquire the asset associated with M/S TAURUS AUTO DEALERS PVT LTD & ORS.
Borrower Name:M/S TAURUS AUTO DEALERS PVT LTD & ORS.
Auction Type:SARFAESI Auction
Guarantor Names:MR. RAJEEV MALVIYA, MRS. SAMATA MALVIYA
Legal Details
Encumbrance Details:STATE GST DUES:- RS. 19,24,05,456/-, CENTRAL GST DUES-RS. 33,71,266/-, VAT-RS. 82,28,254/-., PARSHWANATH NAGARI SAHAKARI PATH SANSTHA LTD. KARAD RS. 1.75 CR.
Why This Property
The property's location in Kolhapur, combined with its land category, makes it a potentially worthwhile investment. The relatively high reserve price requires careful evaluation, but the auction terms are standard, presenting a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : pune
Service Provider:BAANKNET
Contact Details:
Ms. Arati Ule
Contact no:9833437948
