Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613786
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹23,00,000
EMD:₹2,30,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Makhmalabad, Nashik, Maharashtra. The property is being auctioned by Canara Bank under SARFAESI Act. It is an excellent opportunity for homebuyers or investors looking for a property in a developing area of Nashik. The flat offers comfortable living space and is situated in a well-connected locality.
State:Maharashtra
City:Nashik
Area:Makhmalabad
Asset Category:Residential
Full Address:2, Shree Dattakrupa Residency, Residential Flat no. 2, First Floor, Shree Dattakrupa Residency, constructed on plot no. 28. S. No. 417/3A (3B+3C+3D), Makhmalabad Shivar, Irrigation Colony, Makhmalabad Girnare road, Makhmalabad, Nashik, Makhmalabad, Nashik
Building/Society:Shree Dattakrupa Residency
Size:80.39 sq. mts.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Makhmalabad, Nashik. The auction will take place on 25-11-2025 from 12:00 PM to 01:00 PM. The reserve price for this property is ₹23,00,000, with an Earnest Money Deposit (EMD) of ₹2,30,000 required to participate. This is a direct opportunity to acquire a property through a bank auction, presented by Canara Bank.
Borrower Name:M/s Saptshrungi Traders
Auction Type:SARFAESI Auction
Guarantor Names:Dhananjay Ramdas Dhondge, Sanjay Karbhari Kandekar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Makhmalabad, Nashik, offered at a reserve price of ₹23 Lakh. While the location is decent, the 'Calculated Opportunity' rating reflects the need for thorough due diligence regarding the property's condition and market value compared to similar properties in the area. Auction terms appear standard, but potential buyers should inspect the property and verify all legal aspects before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
