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Industrial in Sangli

Sangli

Reserve price
₹3.53 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
06 Mar 2026
11:00 AM
Bid increment
₹1,00,000.00

Location details

Property Address
All those piece and parcel of Plot & Machinery at A-1 (admeasuring 6896.00 sq.mtrs )in the Vita (Growth Centre ) Industrial Area ,within the village limits of Karve and outside the limits of Municipal Council ,taluka and registration Sub District Khanapur ,District and Registration Sangli and bounded as follows: On or towards East :By MIDC Road 20 Meter R/W On or towards South : By MIDC Road 25 Meter R/W On or towards West :By Plot No-A-2 On or towards North :By Plot No.T-1/1,T-1/2 &T-1/3
City: Sangli
District: Sangli
State: Maharashtra
Pin Code: 416416
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
06 Mar 2026 at 11:00 AM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Industrial
Sub Type
Others
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Property Price
₹3.53 Cr
Property Identifiers
Bank Property ID
MAHBLAKADEA1

Property Images

Borrower & Loan details

Borrower Name
M/S LAKADE SPINNERS PVT LTD
Registered Address of Borrower
Lakade Plaza, Mayani Road, Vita, Tal. Khanapur, District, Sangli.
Ownership of Property
Borrower
NPA Amount
₹11.42 Cr
NPA Date
14 Apr 2016
Ownership Type
Leasehold
Title Deed
Registered Lease Deed
Asset Type
Immovable
Customer ID
40077925860
Demand Notice
Notice Date
17 Jun 2016
Notice Amount
₹11.42 Cr
Asset Classification
Classification Date
14 Apr 2016
Classification ID
1
Possession Dates
Physical
04 Oct 2016
Symbolic
04 Oct 2016

Additional details

Description
All those piece and parcel of Plot & Machinery at A-1 (admeasuring 6896.00 sq.mtrs )in the Vita (Growth Centre ) Industrial Area ,within the village limits of Karve and outside the limits of Municipal Council ,taluka and registration Sub District Khanapur ,District and Registration Sangli and bounded as follows: On or towards East :By MIDC Road 20 Meter R/W On or towards South : By MIDC Road 25 Meter R/W On or towards West :By Plot No-A-2 On or towards North :By Plot No.T-1/1,T-1/2 &T-1/3

EMD Schedule

EMD Start
30 Jan 2026
4:39 PM
EMD Deadline
06 Mar 2026
11:00 AM
Payment Deadline
06 Mar 2026

Officer Details

Authorized Officer
Ms. Kanchanlata T.Pandey
Authorised Officer - Scale - V - AGM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Asset Type
Immovable
Property ID
MAHBLAKADEA1
Bank of Maharashtra logo
Bank of Maharashtra
Verified seller
Branch: STRESSEDASSETMANAGEMENTBRANCH,PUNE-1446
IFSC: MAHB

Bank contact

+91 70309 24140
Branch Address
SomwarpethBranch AgarkarHighSchoolBldg.,2ndFloor,SomwarPeth,Pune–411011
Branch IFSC
MAHB0000040
Department
STRESSEDASSETMANAGEMENTBRANCH,PUNE-1446