Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609288
Bank Name:Pegasus Asset Reconstruction Pvt. Ltd
Branch Name:Mumbai
Reserve Price:₹25,27,000
EMD:₹2,52,700
Bid Increment:₹50,000
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 conducted by Pegasus Asset Reconstruction Pvt. Ltd. The reserve price for this auction is INR 25,27,000, with an Earnest Money Deposit (EMD) of INR 2,52,700 required to participate. The borrower for this asset is Tristar Retail Concepts Pvt. Ltd. This is a valuable opportunity to acquire a residential property in a developing area of Nagpur.
State:Maharashtra
City:Nagpur
Area:KATOL
Asset Category:Residential
Full Address:201, Tulsi Park, Apartment No. 201,Tulsi Park,Plot Nos. 39-C, 39-B, 39-C (part), 39A, and 38, in the S.S. Scheme, Hazaripahad, Nagpur
Building/Society:Tulsi Park
Size:61.850 sq. mtr.
Auction Description
Pegasus Asset Reconstruction Pvt. Ltd. is holding 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 starting bid is set at INR 25,27,000, with an EMD of INR 2,52,700. This is a time-sensitive opportunity for interested buyers to participate in the bidding process for this property.
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. 34,048/-
Why This Property
The property offers a decent residential space in a developing locality. The reserve price seems reasonable; however, potential buyers need to factor in possible encumbrances and outstanding dues. It's a calculated opportunity for those seeking affordable housing.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Siddhesh Pawar/Heena Vichare
Contact no:9029687504/9004103652
