Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614107
Bank Name:Union Bank of India
Branch Name:Asset Recover Branch - Chhatrapati Sambhajinagar
Reserve Price:₹30,16,000
EMD:₹3,01,600
Bid Increment:₹31,000
Auction Time:12:00 PM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
Union Bank of India is auctioning a residential plot in Padharpur, Solapur, Maharashtra. This prime real estate is offered under the SARFAESI Act, presenting a unique opportunity for investors and buyers. The property is situated in a developing area with potential for future growth. Ideal for building a home or for investment purposes.
State:Maharashtra
City:Solapur
Area:Padharpur
Asset Category:Residential
Full Address:21, Hari Pooja Residency, Plot No.21, Gt No.360 /A/2B, Hari Pooja Residency, Pune Road, Wakhari, Pandharpur, Dist. Solapur, Wakhari, Solapur
Building/Society:Hari Pooja Residency
Size:172.05 Sq. Mtr.
Auction Description
This is a SARFAESI auction conducted by Union Bank of India for a residential plot in Padharpur, Solapur. The reserve price is INR 30,16,000, with an Earnest Money Deposit (EMD) of INR 3,01,600. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 5:00 PM. Don't miss this chance to acquire a valuable asset.
Borrower Name:M/s Babar Agro Food Products
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Manohar Uddhavrao Babar, Mrs. Rekha Manohar Babar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in Pandharpur, a developing area in Solapur. The reserve price seems reasonable, and the location within Hari Pooja Residency could add value. However, a detailed on-site assessment is needed to fully gauge its investment potential.
Contact Details
Branch:Branch Office : Asset Recover Branch - Chhatrapati Sambhajinagar
Service Provider:BAANKNET
Contact Details:
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