Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614254
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹17,10,000
EMD:₹1,71,000
Bid Increment:₹10,000
Auction Time:11:00 A.m. to 12.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-16
Bid Start Date:2025-12-17
Property Description
This is a residential flat located in Hingna, Nagpur, Maharashtra. The property is being auctioned by TRUHOME FINANCE LIMITED. It is a SARFAESI auction, meaning it is a secured asset sale. The flat offers an opportunity for homeownership or investment in a growing area of Nagpur. The property is part of a development that is likely to offer modern amenities and a comfortable living environment.
State:Maharashtra
City:Nagpur
Area:Hingna
Asset Category:Residential
Full Address:004, Kanchan Ganga, HIRAK JAGDISH SARKAR C 3 WING J, FLAT NO. 004 HINGANA, KANCHANGANGA SHAKTI PRESS NAGPUR Hingna, Hingna, Nagpur
Building/Society:Kanchan Ganga
Size:41.807 Sq metrs
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a residential flat in Hingna, Nagpur. The auction will take place on December 17, 2025, between 11:00 AM and 12:00 PM. The reserve price for this auction is INR 1,710,000, with an Earnest Money Deposit (EMD) of INR 171,000 required to participate. This is a prime opportunity to acquire a property in Maharashtra through a transparent banking auction process.
Borrower Name:MR.GHANSHYAM BABULAL VARMA
Auction Type:SARFAESI Auction
Guarantor Names:MRS SAROJ GHANSHYAM VERMA
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Hingna, Nagpur presents a calculated opportunity due to its residential nature and bank auction terms. The reserve price seems reasonable, though a thorough inspection of the property and location is essential. The recommendation balances the investment potential with the standard risks associated with auction properties.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
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