Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612396
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 prospective buyers to acquire a property in a well-known area of Pune. Further details regarding the exact size, amenities, and location specifics would be available in the detailed auction notice.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-03, 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 09-12-2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This is a public auction, and interested parties are advised to review all terms and conditions provided by the bank.
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 Chinchwad, a well-connected locality in Pune. The symbolic possession indicates a potential delay in acquiring the property. Given the reserve price and location, it represents a calculated opportunity for buyers seeking affordable housing with long-term investment potential.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
