Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612376
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. Ideal for individuals or families looking for a home in a well-established area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-11, Building No-10, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-10
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 EMD of ₹3,30,000. This is a prime opportunity to acquire a property through a transparent auction 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 flat's location in Chinchwad, a developing area of Pune, provides a reasonable investment opportunity. While the reserve price seems fair, the lack of specific area details and auction dates requires careful due diligence. This is a calculated opportunity suitable for investors familiar with the local market and comfortable with the auction terms.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
