Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609792
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹19,58,000
EMD:₹1,95,800
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
This is a residential flat located in Haveli, Pune, Maharashtra. The property is being auctioned by Union Bank of India under the SARFAESI Act. It represents an excellent opportunity to acquire a home in a well-regarded area of Pune.
State:Maharashtra
City:Pune
Area:Haveli
Asset Category:Residential
Full Address:03, Lall Apartment, Flat Bearing No. 03, in Lall Apartment, constructed on Private Plot No. 2, 3-5, Survey No, 53/3/2 having corresponding CTS No. 978, Village Ghorpadi, Tal Haveli, Distt Pune, Ghorpadi, Pune
Building/Society:Lall Apartment
Size:465 sq. fts
Auction Description
Union Bank of India is conducting an e-auction for a residential flat in Haveli, Pune. The auction will be held on November 14, 2025, starting at 12:00 PM and concluding at 5:00 PM. The reserve price is set at ₹19,58,000, with an Earnest Money Deposit (EMD) of ₹1,95,800 required to participate. This SARFAESI auction presents a unique chance for interested buyers.
Borrower Name:Mr Peermahmmad Madar Bavagi
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Minaj Peermahmmad Bavagi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a decent location in Pune, offered at a moderate reserve price. However, the symbolic possession and lack of specific auction dates suggest potential challenges. It's a calculated opportunity with the need for due diligence.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
