Industrial Plot SARFAESI Auction Symbolic Possession

1,000 sq feet Industrial Plot for Auction in Kadegaon, Kadegaon Midc, Sangli – BOI

Kadegaon, Kadegaon Midc, Sangli, Maharashtra · Auction ID #8350

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Reserve Price ₹44,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 09 Oct 2026, 10:00 AM In 10 days
EMD Last Date 09 Oct 2026, 05:00 PM In 10 days
Area1,000 sq feet

Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
1,000 sq feet (≈ 1,000 sq ft)
Reserve price / sq ft
₹4,450
Locality
Kadegaon, Kadegaon Midc
City
Sangli
Pincode
415304
Address
Kadegaon, Kadegaon MIDC, Maharashtra, 415304 View on map

Description (as per sale notice)

MIDC plot and factory shed situated at plot no E-12 Addl MIDC Kadegaon, Shivaji Nagar Kadegaon Tal Kadegaon Dist Sangli

BAANKNET Property ID: BKID1651GANGOTRI

Bank & Auction Details

Bank / Lender
Bank of India
Branch
ARB KOLHAPUR
Auction type
SARFAESI Auction
Borrower
M/s G***** T*****
Auction start
09 Oct 2026, 10:00 AM
Auction end
09 Oct 2026, 05:00 PM
EMD submission deadline
09 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
Umesh Mane
Officer contact
8082654181

Price Check

This listing's reserve price works out to ₹4,450 per sq ft. The average across industrial bank auctions in Sangli on our site is ₹836 per sq ft, so this one is 432% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BKID1651GANGOTRI)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 09 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 9 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.

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 India. Always verify every detail with the official notice and the authorised officer before paying any money.

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