Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612387
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, being auctioned by the Bank of India under SARFAESI Act. The property is an asset of M/s. Mathurabai Rambhau Narkhede Memorial Trust. Ideal for those looking to invest in a property in a well-connected area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-08, Building No-26, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-26
Auction Description
The Bank of India is conducting an online SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will take place on December 9, 2025, starting at 11:00 AM and ending at 5:00 PM. The reserve price for this property is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This is a prime opportunity to acquire property through a transparent auction process.
Borrower Name:M/s. Mathurabai Rambhau Narkhede Memorial Trust
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Chinchwad presents a calculated opportunity due to its location in Purna Nagar Complex. The reserve price seems reasonable, but further investigation into the property's condition and local market dynamics is advised before bidding. While the location is accessible, more information is needed to ascertain its investment potential.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
