Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612377
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, brought to auction by the Bank of India. This property is being sold under the SARFA ESI Act. The flat offers a great opportunity for homeownership or investment in a well-connected area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:06, Building No-14, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-14
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 INR 33,00,000 and requires an EMD of INR 3,30,000. The auction will take place on December 9, 2025, from 11:00 AM to 5:00 PM. This is a prime opportunity to acquire a property through a transparent banking 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 in Chinchwad presents a calculated opportunity due to its location and price point. With a reserve price of ₹3,300,000, it's an affordable option. However, the symbolic possession status and lack of detailed size information necessitate thorough due diligence, meriting a 'Calculated Opportunity' recommendation.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
