1 hectare Office for Auction in Kolhapur – DRT

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

1 hectare (≈ 1,07,639 sq ft)

Reserve price / sq ft

₹808

Locality

—

City

Kolhapur

State

Maharashtra

Pincode

411016

Address

1 OFFICE OF THE RECOVERY OFFICER DEBTS RECOVERY TRIBUNAL, PUNE Unit no 307 to 310 3 rd floor, Kakade Biz Icon Building, Shivaji Nagar, Pune-411016 Annexure 13 FORM NO.22 [See Regulation 37(1)] BY ALL PERMISSIBLE MODE RC No/230/2010 Date: 12.10.2026 Date of Auction Sale: 27.11.2026 PROCLAMATION OF SALE: IMMOVABLE /MOVABLE PROPERTY PROCLAMATION OF SALE UNDER RULES 37, 38 AND 52, 53 OF SECOND SCHEDULE TO THE INCOME TAX ACT, 1961 READ WITH THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS (RDDB) ACT, 1993 NATIONAL CO OPERATIVE DEVELOPMENT CORP Versus MAYUR CO OP MILK UNION LTD To, (CD1) Mayur Cooperative Milk Union Ltd. A Cooperative Society registered under the Maharashtra Cooperative Societies Act and having it’s registered office at Plot No. 11/12, Tambakhu Sangh Building, Sahu Market Yard Kolhapur-416005, Maharashtra Whereas Recovery Certificate No. RC/230/2010 in OA No. OA/56/2009 drawn up by the Hon'ble PresidingOfficer, DEBTS RECOVERY TRIBUNAL PUNE for the recovery of the sum of Rs.19,59,26,800.00 ( Rupees Nineteen Crore, Fifty Nine Lakh Twenty Six Thousand and Eight Hundred Only ) along with cost, expenses and future interest @ 1 2 % w.e.f. 16.03.2009 till realization and costs of Rs.1,75,000/- (One Lakh Seventy Five Thousand Only ),from you, for failing to repay the dues of the Certificate Holder Bank. And whereas the undersigned has ordered the sale of the Mortgaged/Attached properties as mentioned in the Schedule here under towards satisfaction of the said View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Debts Recovery Tribunal

Branch

DEBTS RECOVERY TRIBUNAL PUNE

Auction type

DRT Auction

Borrower

—

Auction start

27 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Pune DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL PUNE

Price Check

This listing's reserve price works out to ₹808 per sq ft. The average across commercial bank auctions in Kolhapur on our site is ₹7,459 per sq ft, so this one is 89% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

Previous Auctions of This Property

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (DEBTS RECOVERY TRIBUNAL PUNE), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 27 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.