2,341.63 sq meter House for Auction in Lanja, Ratnagiri, Kankavli, Oros – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,341.63 sq meter (≈ 25,205 sq ft)

Reserve price / sq ft

₹299

Locality

Lanja, Ratnagiri, Kankavli

City

Oros

State

Maharashtra

Pincode

416712

Address

Lanja, Ratnagiri, Kankavli, Maharashtra, 416712 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB MUMBAI CITY 604100

Auction type

SARFAESI Auction

Borrower

SUBHASH R***** F*****

Auction start

17 Oct 2026, 11:00 AM

Auction end

17 Oct 2026, 04:00 PM

EMD submission deadline

17 Oct 2026, 11:00 AM

Inspection

—

Authorised officer

RIJVAN ALI

Officer contact

7768941256

E-auction portal

BAANKNET (Property ID PUNBCS6041SUBHASHFANSAM)

Price Check

This listing's reserve price works out to ₹299 per sq ft. The average across residential bank auctions in Oros on our site is ₹3,385 per sq ft, so this one is 91% 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 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 PUNBCS6041SUBHASHFANSAM)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Oct 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 17 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.