Flat for auction Makhmalabad Nashik 26 lakh Canara Bank

Property for Auction in Makhmalabad, Nashik, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
88.28 sq. mts
Reserve Price
26,20,000
Reserve Price
26,20,000
EMD Required
2,62,000
Property Specifications
Society/BuildingVedant Residency Apartment
Size88.28 sq. mts
Unit No.7
FloorSecond Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Makhmalabad, Nashik
Auction Date IconAuction Date:
25-11-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Asset Recovery Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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