Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610262
Bank Name:Bank of Maharashtra
Branch Name:Nagpur Zone
Reserve Price:₹33,34,500
EMD:₹3,33,450
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Pauni, Bhandara, Maharashtra. The property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. M/s. N G Jambhulkar is the borrower associated with this asset. The flat offers a residential opportunity in the Bhandara region.
State:Maharashtra
City:Bhandara
Area:Pauni
Asset Category:Residential
Full Address:179, Property No. 179, Gautam Nagar, Mouza – Pauni, Tah. Pauni, Dist. Bhandara, Gautam Nagar, Pauni
Size:156.36 sq. mtrs.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Pauni, Bhandara, Maharashtra. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM. The reserve price for this property is ₹33,34,500, with an Earnest Money Deposit (EMD) of ₹3,33,450. This is a prime opportunity to acquire a residential asset through a bank auction.
Borrower Name:M/s.N G Jambhulkar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a ground floor flat in Pauni, offers a reasonable investment potential. The reserve price appears fair for the area, but further due diligence on local market conditions is advised. Given the location and type, it presents a calculated risk with potential for moderate returns.
Contact Details
Branch:Branch Office : Nagpur Zone
Service Provider:BAANKNET
Contact Details:
Atul Pardikar
Contact no: —
