Karad - Auction Details
A freehold residential flat admeasuring about 89.12 sq. mtr. (959.28 sq. ft.), situated at Final Plot No. 1, Survey No. 342/2/1, Block or Building No. N/A, House No. 8, 1st Floor, Satyajit Corner, Patan Road, Mundhe, Karad (M-Satara), owned by Mr. Ajinkya Suresh Patil and Mrs. Supriya Suresh Patil. LAN auction.
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About This Auction
A freehold residential flat admeasuring about 89.12 sq. mtr. (959.28 sq. ft.), situated at Final Plot No. 1, Survey No. 342/2/1, Block or Building No. N/A, House No. 8, 1st Floor, Satyajit Corner, Patan Road, Mundhe, Karad (M-Satara), owned by Mr. Ajinkya Suresh Patil and Mrs. Supriya Suresh Patil. LAN no. 20006220001048; selling bank Bandhan Bank; trust Arcil-2024C-003-Trust. SARFAESI demand notice dated 21/10/2025; outstanding amount Rs. 22,31,278.97. Physical possession on 09/02/2026; inspection will be arranged on request. EMD Rs. 1,61,500; reserve price Rs. 16,15,000; bid increment Rs. 5,000. E-auction on 28-10-2026 at 5:15 PM; last bid on the same day two hours before the auction. Pending litigations known to Arcil: Nil. Encumbrances or dues known to Arcil: Nil.
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About Karad
Karad is a city in Satara district of Indian state of Maharashtra. It is located 302 km (180.19 miles) from Mumbai, 74 km from Sangli and 162 km from Pune. It lies at the confluence of Koyna River and the Krishna River known as the "Pritisangam". The two rivers originate at Mahabaleshwar, which is around 100 km from Karad. Karad is well known for sugar production and is known as the sugar bowl of Maharashtra owing to the presence of... many sugar factories in and around Karad. It is considered an important educational hub in Western Maharashtra due to the presence of many prestigious educational institutes. Karad is resting place of the first chief minister of Maharashtra Yashwantrao Chavan situated at the confluence of the Krishna and Koyana rivers. It is ranked as the cleanest town in Swachh Survekshan 2020 in the category of population with less than 1 lakh. There is demand for formation of karad district along with neighbouring Walva, Shirala, Patan, Palus and Kadegaon talukas. Read More
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