Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612412
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. The property is being auctioned by the Bank of India under SARFAESI provisions. It represents an opportunity to acquire a property in a well-established area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:10, Purna Nagar Complex, Building No-29, Flat No-10, 2nd 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 is conducting a SARFAESI auction for a residential flat in Chinchwad, Pune. The auction has a reserve price of ₹33,00,000 and an Earnest Money Deposit (EMD) of ₹3,30,000. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day.
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 decent location in Chinchwad, Pune, offered at a reserve price of ₹3300000.0. However, the lack of specific auction dates and symbolic possession makes it a calculated opportunity rather than a prime investment. Further due diligence is recommended to ascertain the property's true market value and potential.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
