Property for Auction in Makhmalabad, Nashik, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613787
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹26,20,000
EMD:₹2,62,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Discover a fantastic investment opportunity in Nashik, Maharashtra! Canara Bank is auctioning a residential flat located in the prime area of Makhmalabad. This property, part of a SARFAESI auction, presents an excellent chance to own a home or invest in a growing real estate market. The flat is situated in a desirable location, offering convenience and accessibility. Ideal for individuals or families looking for a well-located residence. Don't miss out on this chance to acquire a property in Nashik.
State:Maharashtra
City:Nashik
Area:Makhmalabad
Asset Category:Residential
Full Address:7, Vedant Residency Apartment, Residential Flat no. 7, Second Floor, Vedant Residency Apartment, constructed on plot no.27, S. No. 10/1, Irrigation Colony, Makhmalabad, Nasik, Makhmalabad, Nashik
Building/Society:Vedant Residency Apartment
Size:88.28 sq. mts
Canara Bank presents a SARFAESI auction for a residential flat in Makhmalabad, Nashik. The auction will take place on 25-11-2025, with bidding open from 12:00 PM to 01:00 PM. The reserve price for this valuable asset is INR 26,20,000, with an Earnest Money Deposit (EMD) of INR 2,62,000 required to participate. This is a unique opportunity to bid on a property owned by Canara Bank, associated with the borrower M/s Saptshrungi Traders. Secure your participation and explore this compelling auction event.
Borrower Name:M/s Saptshrungi Traders
Auction Type:SARFAESI Auction
Guarantor Names:Sanjay Karbhari Kandekar, Dhananjay Ramdas Dhondge
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a residential flat in Nashik, offered at a relatively reasonable reserve price. However, potential buyers should conduct thorough due diligence regarding the property's condition and location before bidding. The 'Calculated Opportunity' reflects its potential balanced against the need for careful assessment.
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
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