Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612415
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, offered by the Bank of India through a SARFAESI auction. The property is part of the estate of M/s. Mathurabai Rambhau Narkhede Memorial Trust. It represents an excellent opportunity for homeownership or investment in a well-established area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-08, Purna Nagar Complex, Building No-29, Flat No-08, 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 an online SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. Prospective bidders are advised to review all auction terms and conditions carefully.
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 given its location and reserve price. While potentially valuable, limited information requires due diligence. It's a reasonable investment with balanced risk and reward.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
