Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612379
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, being auctioned by the Bank of India under SARFAESI rules. The property is being sold as a vacant possession.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:07, Purna Nagar Complex, Building No-15, Flat No-07, 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, from 11:00 AM to 5:00 PM. The reserve price is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate.
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, Pune, offers a decent investment opportunity given its location and reserve price. However, the symbolic possession and lack of specific size details warrant a calculated approach. The auction terms need careful consideration before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
