Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612418
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. It is part of a bank auction conducted by the Bank of India under the SARFAESI Act. The property is being auctioned due to the borrower, M/s. Mathurabai Rambhau Narkhede Memorial Trust. This is an opportunity to acquire a flat in a prominent area of Pune.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-08, Building No-30, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-30
Auction Description
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 ending at 05:00 PM. The reserve price for this property is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. Interested bidders should ensure they meet all auction requirements and deadlines.
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 flat in a developing area of Pune, offered at a relatively moderate reserve price. Symbolic possession may present some challenges. This is a calculated opportunity for buyers familiar with the local market.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
