Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613348
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹86,20,000
EMD:₹8,62,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a unique opportunity to acquire a residential plot located in the desirable area of Zadgaon, Ratnagiri. Situated in the vibrant state of Maharashtra, this plot is offered by Punjab National Bank through a SARFAESI auction. Ideal for development or investment, the property is situated in a well-connected locality, offering potential for future growth.
State:Maharashtra
City:Ratnagiri
Area:Zadgaon
Asset Category:Residential
Full Address:X-62, MIDC Udyam Nagar, Plot no X-62, MIDC Udyam Nagar, Village Zadgaon Ratnagiri 415612, Zadgaon, Ratnagiri
Building/Society:MIDC Udyam Nagar
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Zadgaon, Ratnagiri. The auction has a reserve price of ₹86,20,000 and requires an EMD of ₹8,62,000. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 4:00 PM. This is a prime opportunity for buyers looking to invest in real estate in Maharashtra.
Borrower Name:Mr. Taufik Irshad Chikte
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Amit Pramod Malushte, Mrs. Rabiya Irshad Chikate, Mrs. Amina Taufik Chikate
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in an industrial area suggests potential for development, but the lack of size details and 'as is' condition require careful due diligence. The reserve price seems reasonable for the area, making it a calculated risk with moderate upside.
Contact Details
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
