Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612389
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 provisions. It presents an opportunity for prospective buyers in a key urban area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:05, Purna Nagar Complex, Building No-27, Flat No-05, 1st 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 take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price for this auction is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required. This auction is an opportunity to acquire a property through a secured asset recovery 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
This flat in Chinchwad presents a reasonable opportunity given its location and reserve price. While not a prime investment due to limited information, it could be a worthwhile consideration for those familiar with the area and willing to conduct thorough due diligence. The symbolic possession status also adds an element of risk that needs to be carefully evaluated.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
