Shop for auction Shivaji Udyam Nagar Kolhapur 3 Cr Pegasus Assets Reconstruction Private Limited

Prime commercial shop located in the bustling Shivaji Udyam Nagar, Kolhapur, Maharashtra. This asset, previously operated by Faith Machinery Stores, presents a fantastic investment opportunity in a well-established commercial hub. The property is suitable for a variety of business ventures, benefiting from high foot traffic and excellent connectivity within the city. Its strategic location makes it an attractive prospect for entrepreneurs and investors seeking a valuable commercial space in a rapidly developing area. Ideal for retail, office, or service-oriented businesses.

Pegasus Asset Reconstruction Pvt. Ltd is conducting a SARFAESI auction for a valuable commercial shop in Shivaji Udyam Nagar, Kolhapur. The auction begins on November 24, 2025, at 02:00 PM and concludes at 04:00 PM on the same day. The reserve price is set at INR 2,51,98,290, with an Earnest Money Deposit (EMD) of INR 25,19,829 required to participate. This is a significant opportunity to acquire a commercial property through a transparent auction process. Don't miss the chance to bid on this promising asset.

The commercial shop's location in Shivaji Udyam Nagar, Kolhapur, combined with a reasonable reserve price, makes it a potentially strong investment. The auction terms are standard, and while additional due diligence is advised, the property shows good potential for return.