Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612386
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, brought to auction by the Bank of India under the SARFAESI Act. The property is situated in a well-established area, offering potential for comfortable living or investment. Further details regarding the exact location, amenities, and construction status will be made available to interested bidders.
State:Maharashtra
City:Pune
Area:Chinchwad
Asset Category:Residential
Full Address:Flat No-07, Building No-26, Purna Nagar Complex, near Old RTO Office, Chinchwad, Chikhliroad, Pune, Chinchwad, Pune
Building/Society:Building No-26
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Chinchwad, Pune. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate. This is a unique opportunity to acquire a property through a transparent bidding 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 property is a residential flat in a decent location with a reasonable reserve price. However, the symbolic possession and limited details about the property size call for careful due diligence. It is a Calculated Opportunity for those willing to take a measured risk.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
