Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612381
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. It is being auctioned by the Bank of India under the SARFAESI Act. The property is part of a bank auction, offering an opportunity for potential buyers in the Pune real estate market.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:12, Purna Nagar Complex, Building No-15, Flat No-12, 2nd Floor, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Purna Nagar Complex
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will commence on December 9, 2025, at 11:00 AM and conclude 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. This auction presents a chance to acquire property through a secured creditor's sale process.
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 well-known complex in Chinchwad, Pune, offering potential for appreciation. The reserve price is moderate. Due diligence is recommended to assess the location and property conditions for a calculated investment.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
