22.22 sq meter Commercial Building for Auction in Bharat Sut Girni Sangli, Madhavnagar, Sangli – CBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

22.22 sq meter (≈ 239 sq ft)

Reserve price / sq ft

₹7,530

Locality

Bharat Sut Girni Sangli, Madhavnagar

City

Sangli

State

Maharashtra

Pincode

416436

Address

Bharat sut girni sangli, Madhavnagar, Maharashtra, 416436 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

MIRAJ INDUSTRIAL AREA, MIRAJ-2741

Auction type

SARFAESI Auction

Borrower

M/S S***** c*** A***** P***** 1. M***** N***** B***** 2. Mrs. K***** S***** P****

Auction start

25 Nov 2026, 10:00 AM

Auction end

25 Nov 2026, 05:00 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

23 Nov 2026, 10:00 AM – 23 Nov 2026, 05:00 PM

Authorised officer

Dr.Rakesh Kumar Rai

Officer contact

9673632560

E-auction portal

BAANKNET (Property ID CBIN703120)

Price Check

This listing's reserve price works out to ₹7,530 per sq ft. The average across commercial bank auctions in Sangli on our site is ₹19,212 per sq ft, so this one is 61% 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.

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 23 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBIN703120)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 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.