Property for Auction in Waluj, Aurangabad, Maharashtra
Recommendation:Strong BuyScore: 7.5
Auction ID:609739
Bank Name:Punjab National Bank
Branch Name:ARMB: Nashik
Reserve Price:₹1,57,60,000
EMD:₹15,76,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 16:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-18
Bid Start Date:2025-11-18
This auction features a substantial industrial shed located in the prime industrial hub of Waluj, Aurangabad, Maharashtra. The property, offered by Punjab National Bank, is ideal for manufacturing, warehousing, or other industrial activities. Situated in a well-established industrial zone, it benefits from excellent connectivity and infrastructure. This is a significant opportunity for businesses seeking a strategic location in one of Maharashtra's key industrial areas. The property is being auctioned under the SARFAESI Act.
State:Maharashtra
City:Aurangabad
Area:Waluj
Asset Category:Industrials
Full Address:C-187/210, MIDC Area, Waluj, Waluj, Aurangabad
Size:500 Sq. Mtr.
Punjab National Bank is conducting a SARFAESI auction for an industrial shed in Waluj, Aurangabad, Maharashtra. The auction commences on November 18, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹1,57,60,000, with an Earnest Money Deposit (EMD) of ₹15,76,000 required to participate. This auction presents a valuable opportunity to acquire industrial property in a sought-after location. M/s Merrygold Enterprises is the borrower associated with this asset.
Borrower Name:M/s Merrygold Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Gaurav A Chauhan, Mr. Gaurav A Chauhan Legal heirs of Deceased Manjusingh A Chouhan
Possession Status:Symbolic
Encumbrance Details:Not Known
The property's location in the MIDC area of Waluj makes it a valuable industrial asset. With a shed type, it's attractive for businesses needing operational space. The relatively reasonable reserve price and clear auction terms enhance its investment appeal.
Branch:Branch Office : ARMB: Nashik
Service Provider:BAANKNET
Contact Details:
Mr. Venketesh S.
Contact no: —