Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612408
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 laws. It represents an opportunity to acquire a flat in a developed area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:03, Purna Nagar Complex, Building No-29, Flat No-03, 1st Floor, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Chinchwad, Pune
Building/Society:Purna Nagar Complex
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, from 11:00 AM to 5:00 PM. The reserve price is INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate.
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 flat's location in Chinchwad, Pune, offers decent potential, although more details on size are needed. The reserve price seems reasonable, but due diligence is necessary to assess the encumbrances and property condition. Given the limited information, it's a Calculated Opportunity requiring careful evaluation before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
