Flat for auction Ambad Nashik 16 lakh Canara Bank

Property for Auction in Nashik, Nashik, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
550 sq. ft.
Reserve Price
15,58,000
Reserve Price
15,58,000
EMD Required
1,55,800
Property Specifications
Society/BuildingShubham Park, Building No. 7
Size550 sq. ft.
Unit No.32
Floor3rd Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Nashik, Nashik
Auction Date IconAuction Date:
21-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612817

Bank Name:Canara Bank

Branch Name:REGIONAL OFFICE NASHIK

Reserve Price:15,58,000

EMD:1,55,800

Auction Time:11:00 am

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-21

Bid Start Date:2025-11-21

Property Description

This residential property is a flat located in Nashik, Maharashtra, offered through a SARFAESI auction by Canara Bank. The property was previously owned by Mr. Pradip Bhaskar Patil.

State:Maharashtra

City:Nashik

Area:Nashik

Asset Category:Residential

Full Address:32, Shubham Park, Building No. 7, Flat No. 25, Building No. 8, Shubham Park Ambad Link Road, Uttam Nagar, Ambad, Nashik

Building/Society:Shubham Park, Building No. 7

Size:550 sq. ft.

Auction Description

Canara Bank is holding a SARFAESI auction for a residential flat in Nashik, Maharashtra. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is set at 15,58,000.0, with an Earnest Money Deposit (EMD) of 1,55,800.0 required to participate.

Borrower Name:Mr. Pradip Bhaskar Patil

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Chandu Rajaram Kathale

Legal Details

Possession Status:Symbolic

Encumbrance Details:NOT KNOWN

Why This Property

The property, a flat in Nashik, presents a calculated opportunity due to its reasonable reserve price and symbolic possession status. While the location is decent, potential buyers should investigate encumbrances and property condition thoroughly. This auction could be a worthwhile investment with due diligence.

Contact Details

Branch:Branch Office : REGIONAL OFFICE NASHIK

Service Provider:BAANKNET

Contact Details:

Contact no:+919271069706

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