Property for Auction in Gandhi Nagar, Kolhapur, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611312
Bank Name:Punjab National Bank
Branch Name:ARMB : Kolhapur
Reserve Price:₹31,00,000
EMD:₹3,10,000
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
This is a prime commercial shop located in the bustling Gandhi Nagar area of Kolhapur, Maharashtra. The property is being auctioned by Punjab National Bank and presents an excellent investment opportunity in a well-established commercial hub. Its strategic location ensures high footfall and visibility, making it ideal for various business ventures.
State:Maharashtra
City:Kolhapur
Area:Gandhi Nagar
Asset Category:Commercial
Full Address:3 & 4, Anjana Heritage, Shop No. 3 & 4, Ground Floor C S No. 1940, Anjana Heritage, Valiwade, Gandhi Nagar, Kolhapur., Gandhi Nagar, Kolhapur
Building/Society:Anjana Heritage
Size:44.60 Sq. Mtr
Punjab National Bank is conducting a SARFAESI auction for a commercial shop in Gandhi Nagar, Kolhapur. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at INR 31,00,000, with an EMD of INR 3,10,000. This is a significant opportunity to acquire a commercial asset through a transparent auction process.
Borrower Name:Sandeep Chandrakant Mandarekar
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known
The property is a commercial shop in Gandhi Nagar, Kolhapur, offered at a reserve price of ₹3,100,000. While the location is promising, potential investors should carefully evaluate market conditions and conduct due diligence. The 'Symbolic' possession status warrants further investigation for a comprehensive risk assessment.
Branch:Branch Office : ARMB : Kolhapur
Service Provider:BAANKNET
Contact Details:
Abhijeet Katavare
Contact no: —