Flat for auction Chinchwad Pune 33 lakh Bank of India

A residential flat located in Chinchwad, Pune, Maharashtra, offered by the Bank of India. This property is part of a SARFAESI auction, presenting a unique opportunity for prospective buyers. The area of Chinchwad is a well-developed locality in Pune, known for its connectivity and amenities. The flat is categorized as residential, suitable for individual or family living. Further details regarding the specific dimensions, floor, and condition of the flat will be available in the detailed auction notice.

This is a SARFAESI auction conducted by the Bank of India for a residential flat in Chinchwad, Pune. The auction is scheduled for December 9, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this auction is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This auction provides a direct opportunity to acquire the property from the bank. Interested bidders are advised to thoroughly review all auction terms and conditions, available on the Bank of India's official portal or through the designated auction platform.

The property is a residential flat in a decent location but lacks specific area details. The reserve price seems reasonable, offering potential value; however, the symbolic possession status adds a layer of risk, making it a calculated opportunity rather than a strong buy.