Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612132
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹3,04,50,000
EMD:₹30,45,000
Auction Time:11.00 am to 3.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a residential flat located in the prime area of Erandawane, Pune, Maharashtra. The property is being auctioned by the Bank of Maharashtra. It presents a great opportunity for homeownership or investment in a well-developed locality.
State:Maharashtra
City:Pune
Area:Erandawane
Asset Category:Residential
Full Address:5, Manas Apartment, Flat No. 5 (earlier known as Flat No. 5 & 6) Third Floor, Manas Apartment Final Plot No. 60/17, CTS No. 107/19 Prabhat Road Lane No. 14. Erandawane, Pune 411004, Erandawane, Pune
Building/Society:Manas Apartment
Size:2260 sq ft
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Erandawane, Pune. The auction will take place on November 21, 2025, from 11:00 AM to 03:00 PM. The reserve price for this auction is ₹3,04,50,000, with an Earnest Money Deposit (EMD) of ₹30,45,000. This is a valuable opportunity to acquire a property through a bank auction.
Borrower Name:Mr. Raviraj Chandrakant Laygude
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Erandawane, Pune, and its substantial size make it an attractive investment. The 'Physical possession' status adds further value. A 'Strong Buy' recommendation is justified due to the desirable location and competitive reserve price relative to the property's potential.
Contact Details
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mr. Shirish Gaikwad
Contact no:9325253937
