Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612398
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
A residential flat located in Chinchwad, Pune, Maharashtra. This property is being auctioned by the Bank of India under SARFAESI regulations. The property is owned by M/s. Mathurabai Rambhau Narkhede Memorial Trust. Ideal for individuals or families looking for a home in a well-connected area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:09, Purna Nagar Complex, Building No-28, Flat No-09, 2nd Floor, Situated at Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune., Chinchwad, Pune
Building/Society:Purna Nagar Complex
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Chinchwad, Pune. The auction has a reserve price of ₹33,00,000 and requires an Earnest Money Deposit (EMD) of ₹3,30,000. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day. Interested bidders should ensure they meet all pre-auction requirements.
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 decent location in Pune. The reserve price is reasonable, and the location may attract potential buyers. However, the symbolic possession could deter some investors, making it a calculated opportunity.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
