Flat for auction Mahal Nagpur 40 lakh Debts Recovery Tribunal

Property for Auction in Mahal, Nagpur, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
AS IS WHERE IS BASIS
Size
73.83 Sq.Mtrs
Reserve Price
39,70,000
Reserve Price
39,70,000
EMD Required
3,97,000
Property Specifications
Society/BuildingKirtish Levels
Size73.83 Sq.Mtrs
Unit No.402
Floor4th Floor
Possession StatusAS IS WHERE IS BASIS
Auction TypeDRT Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Mahal, Nagpur
Auction Date IconAuction Date:
14-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610319

Bank Name:Debts Recovery Tribunal

Branch Name:Nagpur

Reserve Price:39,70,000

EMD:3,97,000

Bid Increment:10,000

Auction Time:11:00 AM to 1:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-10

Bid Start Date:2025-11-14

Property Description

This is a residential flat located in the Mahal area of Nagpur, Maharashtra. The property is being auctioned by the Debts Recovery Tribunal. Further details regarding the flat's specific location, size, and condition should be verified directly with the auctioning authority.

State:Maharashtra

City:Nagpur

Area:Mahal

Asset Category:Residential

Full Address:402, Kirtish Levels, Apartment No.402, 4th Floor, Kirtish Levels, Corporation House No.69, Mouza Nagpur, Ward No.17, Sheet No. 223, City Survey No.283/1-K Gujar Wada, Kothi Road, Mahal, Mahal, Nagpur

Building/Society:Kirtish Levels

Size:73.83 Sq.Mtrs

Auction Description

The Debts Recovery Tribunal is conducting an auction for a residential flat in Mahal, Nagpur. The auction has a reserve price of ₹39,70,000 and requires an EMD of ₹3,97,000. The auction will take place on November 14, 2025, from 11:00 AM to 01:00 PM. This is a DRT auction concerning debts owed by Shri. Nazir Khan Pathan.

Borrower Name:Shri. Nazir Khan Pathan

Auction Type:DRT Auction

Guarantor Names:Shri Amir Khan Pathan

Legal Details

Possession Status:AS IS WHERE IS BASIS

Encumbrance Details:Not Known to Bank

Why This Property

The flat offers a reasonable investment opportunity due to its location in Mahal, Nagpur, and manageable reserve price. While it's a residential property, the auction terms and property condition should be carefully reviewed before bidding. It is a calculated opportunity for those familiar with the area.

Contact Details

Branch:Branch Office : Nagpur

Service Provider:BAANKNET

Contact Details:

Shrihari Shashikant Pargaonkar

Contact no:9860741699

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