Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612388
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹33,00,000
EMD:₹3,30,000
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:09-12-2025 11:00 AM
Property Description
This is a residential flat located in Chinchwad, Pune, Maharashtra. It is being auctioned by the Bank of India under the SARFAESI Act. The property is offered at a reserve price of ₹33,00,000 with an Earnest Money Deposit (EMD) of ₹3,30,000. Ideal for individuals or families seeking a home in a well-connected area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:04, Purna Nagar Complex, Building No-27, Flat No-04, 1st Floor, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune., Chinchwad, Pune
Building/Society:Purna Nagar Complex
Auction Description
Bank of India presents a SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will take place on December 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is set at ₹33,00,000, with an EMD of ₹3,30,000 required to participate. This is a valuable opportunity to acquire property in Maharashtra through a transparent auction process.
Borrower Name:M/s. Mathurabai Rambhau Narkhede Memorial Trust
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Chinchwad, Pune, this flat offers potential for rental income or resale. The property is under symbolic possession, which may require additional due diligence. The reserve price appears reasonable for the area, warranting further investigation.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
