Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611122
Bank Name:Bombay Mercantile Co-operative Bank Limited
Branch Name:Mumbai
Reserve Price:₹11,29,820
EMD:₹1,12,982
Auction Time:4:00 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. It is part of a SARFAESI auction, indicating it is being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. The property is categorized as a residential flat, suitable for individual or family living.
State:Maharashtra
City:Pune
Area:Jalochi
Asset Category:Residential
Full Address:27+28, Yashoda Park, Yashoda Park, Canal Road, Gat No. 63, Ner Malavarachi Devi, Jalochi, BARAMATI, Dist, Pune, in Building no. A, Jalochi, Pune
Building/Society:Yashoda Park
Size:66.29 sqm
Auction Description
This is a SARFAESI auction conducted by Bombay Mercantile Co-operative Bank Limited for a residential flat in Jalochi, Pune. The auction will take place on November 14, 2025, starting at 04:00 PM and concluding at 05:00 PM. The reserve price for this auction is INR 11,29,820, with an Earnest Money Deposit (EMD) of INR 1,12,982 required to participate. The borrower associated with this property is M/S. Kandy Dresses.
Borrower Name:M/S. Kandy Dresses
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prabhu Bhiwaji Thorat
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Jalochi, Pune, and the relatively reasonable reserve price. While it is a residential flat, the auction terms require careful consideration. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Mr. Sajid Khan & Mr. Ismail Shaikh
Contact no:9820389558&9975375535
