Wai MIDC Cold Storage Auction: Cold Storage Plots & Kolhapur Market Yard Property – Reserve from ₹12 Cr (5 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-0
Property Description
Looking for a factory and industrial deal below market rates? The Wai MIDC cold storage auction listed by Federal Bank deserves a close look. The notice covers three lots – two MIDC industrial plots with cold-storage construction at Wai and a commercial plot in Kolhapur’s Shri Shahu Market Yard – sold by sealed tender. The sale by sealed tender is scheduled for 5 October 2026 (11:00 AM), with a reserve price of from ₹12,00,00,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Wai MIDC Cold Storage Auction: Key Highlights
- Reserve price: Lot 1 – ₹70,00,00,000; Lot 2 – ₹77,50,00,000; Lot 3 – ₹12,00,00,000
- EMD: Lot 1 – ₹70,00,000; Lot 2 – ₹77,50,000; Lot 3 – ₹12,00,000
- Auction date: 5 October 2026, 11:00 AM
- Last date for EMD / bid: 3 October 2026, 4:00 PM
- Location: Wai MIDC, Satara, Maharashtra
Wai MIDC Cold Storage Auction – Complete Details
Lot 1: Plot No. B-122 and B-123 with Construction
| Description | Amalgamated plots with industrial construction (cold storage) in Wai MIDC Industrial Area |
| Land area | 5007 sq.mtrs |
| Survey / Plot No. | B-122, B-123 |
| Village | Wai |
| Taluk | Wai |
| District | Satara |
| Reserve price | ₹70,00,00,000 |
| EMD (10%) | ₹70,00,000 |
Lot 2: Plot No. B-120 with Construction
| Description | Industrial plot with construction in Wai MIDC Industrial Area |
| Land area | 3550 sq.mtrs |
| Survey / Plot No. | B-120 |
| Village | Wai |
| Taluk | Wai |
| District | Satara |
| Reserve price | ₹77,50,00,000 |
| EMD (10%) | ₹77,50,000 |
Lot 3: Plot No. C S 2, Shri Shahu Market Yard
| Description | Property at Shri Shahu Market Yard, E Ward, Kolhapur |
| Land area | 373.99 sq.mtrs |
| Survey / Plot No. | CS 2, CS No. 433 |
| Village | Kolhapur |
| District | Kolhapur |
| Reserve price | ₹12,00,00,000 |
| EMD (10%) | ₹12,00,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | LCRD Pune Division |
| Mode of sale | Sealed tender |
| Type of possession | Physical possession |
| Outstanding dues | ₹6,43,57,30,087 as on 21 July 2026 |
| Encumbrances | Pari passu charge: Federal Bank 50.23%, HDFC Bank 49.77% |
| Notice date | 31 August 2026 |
About the Location – Wai MIDC, Satara
Wai MIDC lies in Satara district on the Krishna river, about 35 km from Satara city and 90 km from Pune, close to the Mahabaleshwar–Panchgani tourist belt. The region grows strawberries, vegetables and fruit, which makes cold storage a strategic asset for agri-traders and exporters. The third lot is in the busy Shri Shahu Market Yard in Kolhapur, one of western Maharashtra’s main jaggery and agri-produce markets.
Is the Wai MIDC Cold Storage Auction Worth It?
Reserves range from ₹12 crore to ₹77.5 crore, so this tender suits institutional investors, agri-logistics firms and food-processing companies. The assets carry a pari passu charge shared with HDFC Bank. The bank’s outstanding dues (₹643.57 Cr) are about 4.0 times the reserve price, so the bank is clearly motivated to close this sale. Prices in recovery auctions are often attractive, but the real gain comes only after you factor in dues, taxes and transfer costs.
Important Dates for the Wai MIDC Cold Storage Auction
- Sale notice date: 31 August 2026
- Inspection: By prior appointment with Federal Bank LCRD Pune Division
- Last date for EMD and tender submission: 3 October 2026 (4:00 PM)
- Tender opening / auction: 5 October 2026, 11:00 AM
How to Bid in This Federal Bank Auction
- Download the sale notice and tender form from the Federal Bank tender notices page.
- Inspect the property during the permitted inspection window after informing the Authorised Officer.
- Remit the EMD by DD/RTGS/NEFT as specified in the notice before 3 October 2026.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Elevated Ground Floor (Mezzanine Floor), Shop No-S2, Nikhil Pride, Sadashiv Peth, Tilak Road, Pune 411030.
- Attend the tender opening; qualified bidders may be allowed to improve their offers in an inter-se bidding round.
The successful bidder must pay 25% on acceptance, 75% within 15 days via DD/NEFT/RTGS/IMPS. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for B-122, B-123.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our warehouse and godown buying guide before you bid.
Contact the Authorised Officer
| Authorised Officer | Assistant Vice President & Division Head |
| Office | Elevated Ground Floor (Mezzanine Floor), Shop No-S2, Nikhil Pride, Sadashiv Peth, Tilak Road, Pune 411030 |
| Phone | +91-9793058343, +91-9923134310 |
| pnelcrd@federalbank.co.in |
Wai MIDC Cold Storage Auction: FAQs
What is the reserve price in the Wai MIDC cold storage auction?
Lot-wise reserve prices are: Lot 1 – ₹70,00,00,000, Lot 2 – ₹77,50,00,000, Lot 3 – ₹12,00,00,000.
When is the Wai MIDC cold storage auction scheduled?
The auction is on 5 October 2026 from 11:00 AM. EMD and bids must reach the bank by 3 October 2026.
How much EMD is required?
The earnest money deposit is ₹70,00,000 for Lot 1 (see the table above for other lots), usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More factory and industrial auctions
- Bank auctions in Maharashtra
- Guide: finance options for commercial auctions
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Factories |
|---|---|
| Land Area | 5007 sq.mtrs + 3550 sq.mtrs + 373.99 sq.mtrs |
| Location | Wai MIDC, Satara, Maharashtra |
| Possession | Physical |
| Encumbrances | Pari passu charge: Federal Bank 50.23%, HDFC Bank 49.77% |
Location Map
Auction Timeline
- 31 Aug 2026Auction Notice Published
- 3 Oct 2026Last Date for EMD Submission
- 5 Oct 2026, 11:00 AMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.