Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612406
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 the SARFAESI Act. Ideal for investment or personal use in a well-connected urban area.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:05, Purna Nagar Complex, Building No-29, 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
This is a SARFAESI auction conducted by the Bank of India 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. Property details are associated with M/s. Mathurabai Rambhau Narkhede Memorial Trust.
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 Chinchwad flat offers a calculated opportunity due to its location and reserve price. While the property is symbolically possessed, its residential nature in a developing area of Pune suggests potential for long-term appreciation and rental income, warranting a detailed risk assessment before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
