All auctions / Maharashtra / Kumbhari

Shops for sale in New Paccha Peth, Solapur City Kumbhari

Kumbhari, Solapur, Maharashtra – 413006

Canara Bank · SHOLAPUR WEST MANGALWARPET (M)-15430

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Reserve price
₹28,00,000
EMD
₹2,80,000
Bid increment
₹10,000
Area
219 sq ft
Price per sq ft
₹12,785

This is the 4th auction of this property. The reserve price is 5.1% lower than at the last auction (₹29,50,000 on 28 Sep 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property13 Oct 2026, 1:00 PM – 27 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 12:00 PM
  3. Auction28 Oct 2026, 1:00 PM – 2:00 PM · in 10 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹28,00,000-5.1%Upcoming
28 Sep 2026₹29,50,000+0.3%Closed
29 Aug 2026₹29,40,000-0.3%Closed
28 Jul 2026₹29,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,80,000
Rest of 25% when you win (same or next day)
₹4,20,000
Balance 75%, usually within 15 days
₹21,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.40 L – ₹2.24 L

You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Commercial · Shops
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
Shop No. 4, On Ground Floor, of the Building “ R. N. Goli Arcade”, On Final Plot No. 34/5, 3/1D+1E/2, Final Plot No. 10388, T.P. Scheme No. 1, 70 Feet Road Market, at New Paccha Peth, Solapur City, Tal. North Solapur, Dist. Solapur – 413006
Borrower
M/s NEW BITLA JEWELLERS prop CHANDRASHEKHAR BITLA

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