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Industrial in Satara

Satara

Reserve price
₹2.64 Cr
Auction date
20 Mar 2026
1:00 PM
EMD deadline
20 Mar 2026
5:00 PM
Bid increment
₹25,000.00

Location details

Property Address
Hypothecation of Machineries and other assets created out from Bank’s Finance at Gat No. 373, Village – Mugdulbhatachiwadi Taluka and District – Satara ALONG WITH All the pieces and parcels of Industrial NA Plot At Gat No. 373, Village – Mugdulbhatachiwadi Taluka and District – Satara admeasuring area 41R, PK – 0.09R along with the entire construction thereon at Village Mugdulbhatachiwadi Taluka and District Satara within jurisdiction of Joint Sub-Registrar Class – 2, Satara No. 2, owned by Mr. Santosh Balu Jawale Property Bounded as: On or Towards North: Panand Road On or Towards East: Agri Land of Mr. Shamrao Daulati Dhanawade On or Towards West: Agri Land of Mr. Shamrao Daulati Dhanawade On or Towards South: Agri Land of Mr. Shankar Ganapati Dhanawade
City: Satara
District: Satara
State: Maharashtra
Pin Code: 415001
Country: India

Auction timeline

Auction starts
20 Mar 2026 at 1:00 PM
Auction ends
20 Mar 2026 at 5:00 PM
EMD submission deadline
20 Mar 2026 at 5:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Conveyance Deed
Property Price
₹2.64 Cr
Property Identifiers
Bank Property ID
MAHBAIRAVAT2KARANJE

Property Images

Borrower & Loan details

Borrower Name
M/s AIRAVAT INDUSTRIES THROUGH PARTNERS
Registered Address of Borrower
PLOT NO 467 AT POST VECHALE, NEAR AJINKYATARA SUGAR FACTORY, OPPOSITE NH – 49 HIGHWAY, TALUKA & DISTRICT SATARA – 415011
Owner
M/s. AIRAVAT INDUSTRIES (Partners: - Mr. Santosh Balu Jawale & Mrs. Pooja Subodh Patil)
Ownership of Property
Borrower
NPA Amount
₹2.60 Cr
NPA Date
18 Jun 2025
Ownership Type
Freehold
Title Deed
Conveyance Deed
Asset Type
Immovable
Customer ID
40254777295
Demand Notice
Notice Date
23 Jun 2025
Notice Amount
₹2.60 Cr
Asset Classification
Classification Date
05 Aug 2025
Classification ID
1
Possession Dates
Symbolic
02 Sept 2025

Additional details

Description
Hypothecation of Machineries and other assets created out from Bank’s Finance at Gat No. 373, Village – Mugdulbhatachiwadi Taluka and District – Satara ALONG WITH All the pieces and parcels of Industrial NA Plot At Gat No. 373, Village – Mugdulbhatachiwadi Taluka and District – Satara admeasuring area 41R, PK – 0.09R along with the entire construction thereon at Village Mugdulbhatachiwadi Taluka and District Satara within jurisdiction of Joint Sub-Registrar Class – 2, Satara No. 2, owned by Mr. Santosh Balu Jawale Property Bounded as: On or Towards North: Panand Road On or Towards East: Agri Land of Mr. Shamrao Daulati Dhanawade On or Towards West: Agri Land of Mr. Shamrao Daulati Dhanawade On or Towards South: Agri Land of Mr. Shankar Ganapati Dhanawade

EMD Schedule

EMD Start
18 Feb 2026
6:03 PM
EMD Deadline
20 Mar 2026
5:00 PM
Payment Deadline
20 Mar 2026

Officer Details

Authorized Officer
Annasaheb V Shirsat
Chief Manager

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Conveyance Deed
Asset Type
Immovable
Property ID
MAHBAIRAVAT2KARANJE
Bank of Maharashtra logo
Bank of Maharashtra
Verified seller
Branch: KARANJE
IFSC: MAHB

Bank contact

+91 90280 87066
Branch Address
92,Ganaraya Housing Society,Shahupuri, Karanj KARANJE
Branch IFSC
MAHB0001836
Department
KARANJE