Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612391
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 buyers seeking property in this well-connected area of Pune. The flat is available for purchase through a transparent auction process.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:07, Purna Nagar Complex, Building No-27, Flat No-07,2nd 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 09-12-2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this property is INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate. This is a prime opportunity to acquire a property through a secure and regulated banking auction.
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 located in a well-known area of Chinchwad, Pune and is a flat with possession status symbolic. With a good reserve price and location, it represents a potential investment opportunity. However, the lack of specific details affects the overall rating.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
