54.37 sq meter Flat for Auction in Satara – BOM

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

54.37 sq meter (≈ 585 sq ft)

Reserve price / sq ft

₹5,363

Locality

—

City

Satara

State

Maharashtra

Pincode

415001

Address

Satara, Maharashtra, 415001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

RAHIMATPUR

Auction type

SARFAESI Auction

Borrower

Mr. G***** R***** M***

Auction start

30 Nov 2026, 01:00 PM

Auction end

30 Nov 2026, 05:00 PM

EMD submission deadline

30 Nov 2026, 05:00 PM

Inspection

01 Nov 2026, 10:00 AM – 27 Nov 2026, 04:00 PM

Authorised officer

Mr. Nishit Chandra

Officer contact

8292940000

E-auction portal

BAANKNET (Property ID MAHBRAHIMATPURMANE)

Price Check

This listing's reserve price works out to ₹5,363 per sq ft. The average across residential bank auctions in Satara on our site is ₹2,797 per sq ft, so this one is 92% above 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.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 1 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHBRAHIMATPURMANE)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.