Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612089
Bank Name:The Cosmos Co-operative Bank Ltd
Branch Name:Recovery Department Region-II
Reserve Price:₹18,75,000
EMD:₹1,87,500
Bid Increment:₹10,000
Auction Time:01:00 p.m. to 02:00 p.m.
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-06
Property Description
This is a residential flat located in Katraj, Pune, Maharashtra. The property is being auctioned by The Cosmos Co-operative Bank Ltd under the SARFAESI Act. Mr. Sudhir Ramchandra Nage is the borrower. The flat offers a residential opportunity in a well-known area of Pune.
State:Maharashtra
City:Pune
Area:Katraj
Asset Category:Residential
Full Address:Flat No.08, Yashwant Vihar Sahakari Griharachna Sanstha Limited, Village Katraj, Kondhawa Road, Katraj, Pune-411046, Katraj, Pune
Building/Society:Yashwant Vihar Sahakari Griharachna Sanstha Limited
Size:428 sq. ft.
Auction Description
The Cosmos Co-operative Bank Ltd is conducting a SARFAESI auction for a residential flat in Katraj, Pune. The auction will take place on December 6, 2025, between 01:00 PM and 02:00 PM. The reserve price for this property is ₹18,75,000, with an Earnest Money Deposit (EMD) of ₹1,87,500 required to participate. This is a significant opportunity for prospective buyers to acquire a property through a bank auction.
Borrower Name:Mr. Sudhir Ramchandra Nage
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Israr Iqbal Sayyed, Mr. Ravindra Babanrao Pophale
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Katraj, Pune, presents a calculated opportunity due to its reasonable reserve price and manageable size. While not a prime investment, its location and auction terms suggest potential for value appreciation. Investors should carefully assess the market conditions and property's condition before bidding.
Contact Details
Branch:Branch Office : Recovery Department Region-II
Service Provider:drt.auctiontiger.net
Contact Details:
Authorised Officer
Contact no:9960974848
