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Industrial Plot SARFAESI Auction Symbolic Possession

2,157 sq meter Industrial Plot for Auction in Kolki, Satara – BOM

Kolki, Satara, Maharashtra · Auction ID #113400

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Industrial Plot for auction in Kolki, Satara – BOM – photo 1
Industrial Plot for auction in Kolki, Satara – BOM – photo 2
Industrial Plot for auction in Kolki, Satara – BOM – photo 3
Industrial Plot for auction in Kolki, Satara – BOM – photo 4
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Reserve Price ₹1,88,92,000 10% lower than previous auction (₹2.1 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 01:00 PM In 4 days
EMD Last Date 18 Nov 2026, 05:00 PM In 4 days
Area2,157 sq meter
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
2,157 sq meter (≈ 23,217 sq ft)
Reserve price / sq ft
₹814
Locality
Kolki
City
Satara
Pincode
415523
Address
Kolki, Maharashtra, 415523 View on map

Description (as per sale notice)

a. Hypothecation of Machinery & Equipment’s purchase for Milk Processing Unit At-Mirgaon, Tehsil-Phaltan Ta. Phaltan, Dist.Satara.415523 CERSAI ID: - 200077599314 b. Hypothecation of Stocks and Book Debts At-Mirgaon, Tehsil-Phaltan Ta. Phaltan, Dist.Satara.415523 CERSAI ID: - 200086874433 c. Gat No. 217/2/D, Milakat No. 1135, At Mouje- Wathar Nimbalkar, Taluka-Phaltan, District-Satara, Pin Code-415523 admeasuring 0.21.57 H R OWNED BY Mr. Nanasao Bapurao Sarak (Mortgagor) Boundaries of the property: North: Remaining land out of Gat No. 217/2/D South: Gat No. 237 East: Land of Sivaji Shankar Panhale West: Phaltan-Pusegoan Road CERSAI ASSET ID NO. 20007759931

BAANKNET Property ID: MAHBPHALTANKOTLINGNATH
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
PHALTAN
Auction type
SARFAESI Auction
Borrower
M/s K***** S***** S**** (*****
Auction start
18 Nov 2026, 01:00 PM
Auction end
18 Nov 2026, 05:00 PM
EMD submission deadline
18 Nov 2026, 05:00 PM
Inspection
05 Nov 2026, 01:30 PM – 13 Nov 2026, 04:00 PM
Authorised officer
Mr. Nishit Chandra
Officer contact
8292940000
E-auction portal
BAANKNET (Property ID MAHBPHALTANKOTLINGNATH)
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Price Check

This listing's reserve price works out to ₹814 per sq ft. The average across industrial bank auctions in Satara on our site is ₹943 per sq ft, so this one is 14% 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

Auction dateReserve price
18 Nov 2026₹1,88,92,000This auction
15 Oct 2026₹2,09,91,000View

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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHBPHALTANKOTLINGNATH)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 18 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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