Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612405
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 the SARFAESI Act. It presents an opportunity for potential buyers to acquire a property in a well-known area of Pune. The flat is categorized as residential asset.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:08, Building No-28, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-28
Auction Description
The Bank of India is conducting a 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 auction is INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate. This auction is part of the bank's process to recover dues from M/s. Mathurabai Rambhau Narkhede Memorial Trust.
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 in Chinchwad presents a calculated opportunity due to its location and reserve price. While offering potential returns, interested parties should conduct due diligence given it is a symbolic possession. The property's accessibility to Pune's industrial areas adds to its appeal.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
