Flat for auction 401 Samarth Srushti Apartment, Maval, Pune by Shubham Housing Developme

The auction, conducted by Shubham Housing Development Finance Co Ltd, is scheduled to take place on February 28, 2025, with bidding open from 10:00 AM to 4:00 PM. The reserve price for this residential flat is set at INR 913,850.00, with an Earnest Money Deposit (EMD) of INR 91,385.00 required to participate. Potential bidders must submit their applications by 5:00 PM on February 27, 2025. For any queries or further information, interested parties can contact the Authorized Officer, Rahul Chavan, at 9975142222. This auction falls under the SARFAESI Act, a legal framework for the recovery of loans. It is crucial for all prospective buyers to familiarize themselves with the terms and conditions of the auction and the SARFAESI Act. Attending site visits, if permitted, and consulting with legal and real estate professionals are highly recommended steps to ensure a well-informed bidding decision.

This SARFAESI auction presents a unique opportunity to acquire a residential flat in the growing locale of Maval, Pune, Maharashtra. The property is located at Flat No. 401, Fourth Floor, Samarth Srushti Apartment, Plot No. 24 & 25, Survey No. 224/B, Vadgaon, Taluka Maval, District Pune, with a pin code of 412106. Maval is a developing region within the Pune district, known for its increasing infrastructure and connectivity, making it an attractive area for real estate investment. The property, being a flat within an apartment complex, offers the convenience of modern living. Prospective buyers are advised to conduct thorough due diligence regarding the property's condition, legal status, and market value prior to the auction. This is an excellent chance for first-time homebuyers or investors looking to enter the Pune real estate market through a transparent and regulated bank auction process.