Property for Auction in Chinchwad, Pune, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612410
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹33,00,000
EMD:₹3,30,000
Service Provider:BAANKNET
Submission Date:08-12-2025 05:00 PM
Bid Start Date:09-12-2025 11:00 AM
A residential flat located in Chinchwad, Pune, Maharashtra. This property is being auctioned by the Bank of India under SARFAESI rules. The flat offers a potential residential opportunity in a well-known area of Pune. Ideal for individuals or families looking for a home or investment in this region.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:09, Purna Nagar Complex, Building No-29, Flat No-09, 2nd Floor, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Purna Nagar Complex
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 set at INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate. This is a significant opportunity to acquire property through a transparent banking auction process.
Borrower Name:M/s. Mathurabai Rambhau Narkhede Memorial Trust
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, a flat in Chinchwad, Pune, is offered at a reasonable reserve price. While the location is decent, the auction terms are not detailed enough to warrant a higher rating. It's a calculated opportunity for those familiar with the area.
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
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