Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613799
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹26,00,000
EMD:₹2,60,000
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 the SARFAESI Act. It represents a valuable opportunity to acquire a home in a well-connected area of Nashik.
State:Maharashtra
City:Nashik
Area:Makhmalabad
Asset Category:Residential
Full Address:2, Vrundavan Heights Apartment, Flat No. 2, 1st Floor, Vrundavan Heights Apartment, Plot No. 15, S. No. 86/5/A/1+ 86/5/C + 89/1/A, Opp. Dream Castle, Makhmalabad Road, Janta Raja Chowk, Tal, & Dist Nashik-422003, Makhmalabad, Nashik
Building/Society:Vrundavan Heights Apartment
Size:96.56 sq. mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Makhmalabad, Nashik. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this auction is ₹26,00,000, with an Earnest Money Deposit (EMD) of ₹2,60,000 required to participate. This is a significant opportunity for potential buyers to acquire property through a transparent bank auction process.
Borrower Name:Sanjay Karbhari Kandekar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a decent location with a reasonable reserve price. However, the symbolic possession and unknown encumbrances make it a calculated opportunity rather than a prime investment. Further due diligence is advised before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
