Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613790
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Adgaon, Nashik, Maharashtra, brought to auction by Canara Bank under SARFAESI proceedings. The property is being offered as a bank asset liquidation. Ideal for individuals or families seeking a home in the developing area of Nashik.
State:Maharashtra
City:Nashik
Area:Adgaon
Asset Category:Residential
Full Address:7, Kulashree Residency Apartment, Plot No. 36, Gat No. 486/36, Near Konark Nagar New Water Tank, Konark Nagar No. 1, Mouje Adgaon, Tal & Distt Nashik, Adgaon, Nashik
Building/Society:Kulashree Residency Apartment
Size:76.57 sq. mtr
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Adgaon, Nashik. The auction has a reserve price of INR 22,00,000 and requires an EMD of INR 2,20,000. Bidding will take place online on November 25, 2025, between 12:00 PM and 01:00 PM. This is a prime opportunity to acquire a property directly from the bank.
Borrower Name:M/s. Saptashrungi Steel Corporation
Auction Type:SARFAESI Auction
Guarantor Names:Shivnath Karbhari Kandekar, Dhananjay Ramdas Dhondage
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a developing locality of Nashik and is being offered at a reasonable reserve price. Given the symbolic possession and 'Not Known to Bank' encumbrance status, careful due diligence is required. This presents a calculated opportunity for buyers comfortable with potential risks.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
