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600 square meter Land and factory shed for sale in Wai MIDC

Wai MIDC, Satara, Maharashtra – 412803

Bank of Maharashtra · ASSETRECOVERYBRANCHPUNE-1453

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹45,41,000
EMD
₹4,54,100
Bid increment
₹25,000
Area
6,458 sq ft
Price per sq ft
₹703

This is the 2nd auction of this property. The reserve price is 10% lower than at the last auction (₹50,46,000 on 15 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by15 Oct 2026, 2:00 PM (EMD closes today)
  2. Auction15 Oct 2026, 11:00 AM – 3:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹45,41,000-10.0%Upcoming
15 Sep 2026₹50,46,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,54,100
Rest of 25% when you win (same or next day)
₹6,81,150
Balance 75%, usually within 15 days
₹34,05,750
Stamp duty and registration (about 5–8%, varies by state)
₹2.27 L – ₹3.63 L

You may bid above the reserve in steps of ₹25,000. 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
Industrial · Others
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
All that pieceor parcel of land known as Plot no. D-59 in the Wai Industrial Area, within village limits of Shelarwadi, Taluka and registration Sub District Wai, District and registration District Satara containing by admeasurements 600 sq. mtrs. and bounded on or towards: - North: Plot no. D-60 South: Plot no. D-58 East: MIDC Road 25.00 M R/W West: MIDC Open Space No. 19
Borrower
M/S Best Foods Partners: - Mr. Baldattaraj Rameshchandra Karkhanis

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