Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612395
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, offered by the Bank of India through a SARFAESI auction. The property is associated with the borrower M/s. Mathurabai Rambhau Narkhede Memorial Trust. This is a valuable opportunity to acquire a flat in a prominent urban area.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:06, Building No-28, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-28
Auction Description
The Bank of India is conducting an online SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is ₹3,300,000, with an Earnest Money Deposit (EMD) of ₹330,000 required to participate. This auction presents a significant opportunity for prospective buyers.
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
The property is a residential flat in a well-known locality of Pune. The reserve price and EMD seem reasonable, but potential buyers should carefully assess the condition and legal aspects given the symbolic possession status.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
