1,600 sq meter Plant & Machinery for Auction in Wai Midc Industrial Area, Songirwadi, Satara – SBI

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Area

1,600 sq meter (≈ 17,222 sq ft)

Locality

Wai Midc Industrial Area, Songirwadi

City

Satara

State

Maharashtra

Pincode

412803

Address

Wai MIDC Industrial Area, Songirwadi, Maharashtra, 412803 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB MUMBAI - II-15859

Auction type

SARFAESI Auction

Borrower

M/s. T***** p** M***** L**

Auction start

08 Oct 2026, 11:00 AM

Auction end

08 Oct 2026, 04:00 PM

EMD submission deadline

08 Oct 2026, 11:00 AM

Inspection

29 Sep 2026, 11:00 AM – 29 Sep 2026, 02:00 PM

Authorised officer

SYAM KISHORE MADDELA

Officer contact

9985592115

E-auction portal

BAANKNET (Property ID SBINWAIMIDCW2W3)

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 29 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINWAIMIDCW2W3)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 08 Oct 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 8 Oct 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.