Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609289
Bank Name:Pegasus Asset Reconstruction Pvt. Ltd
Branch Name:Mumbai
Reserve Price:₹25,27,000
EMD:₹2,52,700
Auction Time:12:00 noon to 1:00 pm
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-06
Bid Start Date:2025-11-07
Property Description
This is a residential flat located in KATOL, Nagpur, Maharashtra. The property is part of a SARFAESI auction initiated by Pegasus Asset Reconstruction Pvt. Ltd. The borrower is Tristar Retail Concepts Pvt. Ltd. This presents an opportunity to acquire a residential asset in a key area of Nagpur.
State:Maharashtra
City:Nagpur
Area:KATOL
Asset Category:Residential
Full Address:Apartment No. 202, Tulsi Park, Plot Nos. 39-C, 39-B, 39-C (part), 39A, and 38, in the S.S. Scheme containing by adeasurement 39228.64 sq. ft. (OR 3644.43 sq. mtrs.), Hazaripahad, Nagpur
Building/Society:Tulsi Park
Size:61.850 sq. mtr.
Auction Description
Pegasus Asset Reconstruction Pvt. Ltd is conducting a SARFAESI auction for a residential flat in KATOL, Nagpur. The auction will commence on November 7, 2025, at 12:00 PM and conclude at 1:00 PM on the same day. The reserve price for this property is INR 25,27,000, with an Earnest Money Deposit (EMD) of INR 2,52,700 required to participate. Interested bidders should review all auction terms and conditions.
Borrower Name:TristarRetailConceptsPvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kamal Shantilal Kothari, Mrs. Preeti Kamal Kothari, Primus Realtors Pvt. Ltd., Tristar Retail Limited
Legal Details
Possession Status:Physical
Encumbrance Details:Outstanding Society Dues as on Oct, 2024: Rs. 33,930/-
Why This Property
The property offers a residential flat in a developing locality of Nagpur, Katol providing opportunity for end-use or rental income. The reserve price appears reasonable, requiring careful assessment of market comparables and legal due diligence. Auction terms and existing encumbrances should be thoroughly understood before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Siddhesh Pawar / Heena Vichare
Contact no:9029687504/9004103652
