Property for Auction in Katraj, Pune, Maharashtra
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
Submission Date:21-11-2025 05:00 PM
Bid Start Date:24-11-2025 11:00 AM
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Retail Recovery
Service Provider:Public Auction
Contact Details:
Mr. Vibhor Saxena
Contact no:9506618596