Flat for auction Katraj Pune 32 lakh IDBI Bank

Property for Auction in Katraj, Pune, Maharashtra

Recommendation
Strong BuyScore: 7.2
Possession
Physical
Size
558 Sq Ft
Reserve Price
32,00,000
Reserve Price
32,00,000
EMD Required
3,20,000
Property Specifications
Society/BuildingShree Apartments
Size558 Sq Ft
Unit No.7
FloorSecond Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Katraj, Pune
Auction Date IconAuction Date:
24-11-2025 11:00 AM

Auction Details

Recommendation:Strong BuyScore: 7.2

Auction ID:612306

Bank Name:IDBI Bank

Branch Name:Retail Recovery

Reserve Price:32,00,000

EMD:3,20,000

Service Provider:Public Auction

Important Dates

Submission Date:21-11-2025 05:00 PM

Bid Start Date:24-11-2025 11:00 AM

Property Description

A residential flat located in the desirable Katraj area of Pune, Maharashtra. This property is being auctioned by IDBI Bank under the SARFAESI Act. Ideal for individuals or families seeking a home in a well-established locality. The flat offers a comfortable living space and is part of a secure residential complex. Proximity to essential amenities, educational institutions, and transport links makes this an attractive investment opportunity. Don't miss the chance to acquire this property at a competitive price.

State:Maharashtra

City:Pune

Area:Katraj

Asset Category:Residential

Full Address:7, Shree Apartments, Flat No 7, Second Floor, Shree Apartments, S No 41, Plot No 35, Vikas Nagar Kiwale, Indira Colony Dehu Road Pune-412112, Katraj, Pune

Building/Society:Shree Apartments

Size:558 Sq Ft

Auction Description

IDBI Bank presents a SARFAESI auction for a residential flat in Katraj, Pune. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this property is ₹32,00,000, with an Earnest Money Deposit (EMD) of ₹3,20,000 required to participate. This is a fantastic opportunity to own a property in Pune through a transparent and efficient auction process. Ensure all documentation is in order and be ready to bid for your next home or investment.

Borrower Name:Mr Shrinivas N Reddy

Auction Type:SARFAESI Auction

Guarantor Names:Mrs Rajeshvari S Reddy

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The flat in Katraj, Pune presents a good investment opportunity due to its manageable reserve price and reasonable size. Its location in a developing area coupled with the bank auction terms make it a worthwhile consideration. Given the positive indicators, a 'Strong Buy' recommendation is justified.

Contact Details

Branch:Branch Office : Retail Recovery

Service Provider:Public Auction

Contact Details:

Mr. Vibhor Saxena

Contact no:9506618596

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