Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611120
Bank Name:Bombay Mercantile Co-operative Bank Limited
Branch Name:Mumbai
Reserve Price:₹11,39,969
EMD:₹1,13,997
Auction Time:4.p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
A residential flat located in Jalochi, Pune, Maharashtra. This property is being auctioned by Bombay Mercantile Co-operative Bank Limited under the SARFAESI Act. It is a great opportunity for investors or homebuyers looking for a property in a developing area of Pune.
State:Maharashtra
City:Pune
Area:Jalochi
Asset Category:Residential
Full Address:12, Yashoda Park, Yashoda Park, Canal Road, Gat No. 63, Ner Malavarachi Devi, Jalochi, BARA-MATI, Dist, Pune, Jalochi, Pune
Building/Society:Yashoda Park
Size:68.82 sqm
Auction Description
Bombay Mercantile Co-operative Bank Limited is conducting a SARFAESI auction for a residential flat in Jalochi, Pune. The auction will take place on November 14, 2025, from 04:00 PM to 05:00 PM. The reserve price is set at 11,39,969.0, with an Earnest Money Deposit (EMD) of 1,13,997.0 required to participate. This is a timed, online auction event.
Borrower Name:M/S. Kandy Dresses
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prabhu Bhiwaji Thorat
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The Jalochi property presents a calculated opportunity due to its location in Pune and the moderate reserve price. While not a prime investment, the property could be a good buy for those familiar with the local market and willing to assess the potential for appreciation. Auction terms appear standard, requiring careful review before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Mr. Sajid Khan & Mr. Ismail Shaikh
Contact no:9820389558&9975375535
