CommercialPast auctionVerified listing
Commercial in Jalgaon
Jalgaon
Reserve price
₹3.87 Cr
Auction date
02 Mar 2026
1:00 PM
EMD deadline
15 Dec 2025
8:00 PM
Bid increment
₹4,00,000.00
Location details
Property Address
All those pieces and parcels of land & building along with construction situated at Plot No 5, CTS No.5063, Survey No.427/2A+2B+2C, Ganesh Nagar, Sindhi Colny Meharun Shivar Jalgaon Plt area 463.10 Sq. Mtrs
City: Jalgaon
District: Jalgaon
State: Maharashtra
Pin Code: 425001
Country: India
Auction timeline
Auction starts
02 Mar 2026 at 1:00 PM
Auction ends
02 Mar 2026 at 5:00 PM
EMD submission deadline
15 Dec 2025 at 8:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Hotel
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.30 Cr
Property Identifiers
Bank Property ID
MAHB615AUR
Property Images
Price history
3 previous auctions₹3,86,58,000.00
15 Jan 2026
Commercial
Bank of MaharashtraPossession: Symbolic₹4,29,53,000.00
16 Dec 2025
Commercial
Bank of MaharashtraPossession: Symbolic₹4,29,53,000.00
12 Jun 2025
Commercial
Bank of MaharashtraPossession: SymbolicBorrower & Loan details
Borrower Name
M/S Seven Hills Hotels & Resorts
Registered Address of Borrower
CTS No.5063, Plot No.05, Ring Road,
Survey No.427/2A+2B+2C, Mehrun Shivar,
Tq & Dist Jalgaon-425001
Owner
Mr. Tushar Ramdas Pethkar
Ownership of Property
Borrower
Co-Borrower(s)
Mr. Tushar Ramdas Pethkar,Mrs. Sonal Tushar Pethkar
NPA Amount
₹1.16 Cr
NPA Date
31 Mar 2020
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
40103664605
Asset Classification
Classification Date
31 Mar 2020
Classification ID
1
EMD Schedule
EMD Start
20 Feb 2026
2:54 PM
EMD Deadline
28 Feb 2026
8:00 PM
Payment Deadline
15 Dec 2025
Inspection Schedule
Inspection Start
20 Feb 2026
3:00 PM
Inspection End
28 Feb 2026
4:00 PM
Officer Details
Authorized Officer
Jagannath Prasad Pattanaik
Authorised Officer - Scale - V - AGM
Dealing Officer
Mr. Somnath Sasane,Chief Manager ARB
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹4,00,000.00
Extension Increment
₹4,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
MAHB615AUR
Property Images
Bank of Maharashtra
Verified seller
Branch: ARB, Aurangabad
IFSC: MAHB
Bank contact
+91 6645604+91 99606 02766
Branch Address
REGIONAL OFFICE MAHABANK BHAVAN N-3 CIDCO AURANGABAD 431001Branch IFSC
MAHB0001327Department
ARB, Aurangabad