Shed for auction Waluj Aurangabad 2 Cr Punjab National Bank

Property for Auction in Waluj, Aurangabad, Maharashtra

Recommendation
Strong BuyScore: 7.5
Possession
Symbolic
Size
500 Sq. Mtr.
Reserve Price
1,57,60,000
Reserve Price
1,57,60,000
EMD Required
15,76,000
Property Specifications
Size500 Sq. Mtr.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Shed
Location IconLocation:
Waluj, Aurangabad
Auction Date IconAuction Date:
18-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-18

Bid Start Date:2025-11-18

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known

Why This Property

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.

Contact Details

Branch:Branch Office : ARMB: Nashik

Service Provider:BAANKNET

Contact Details:

Mr. Venketesh S.

Contact no: —

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