Representative illustration — Flat bank auction in Medankarwadi, Chakan
Representative illustration — not the actual property photograph.
Flat Residential Strong Buy

Flat for Auction Medankarwadi Chakan Pune 17.9 Lakh by Gic Housing Finance Ltd

Medankarwadi, Chakan, Pune

Area: 590 sq. ft.

Flat No. C 1, Ground Floor, Rajlaxmi Glory, Gat No. 490, Medankarwadi, Chakan, Taluka: Khed, Pune, Maharashtra - 410501

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹17,92,000

EMD ₹1,79,200

Auction date

04 Sep 2026, 03:00 PM

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Quick read

  • Area: 590 sq. ft.
  • Locality: Medankarwadi, Chakan
  • Reserve: ₹17,92,000
  • EMD: ₹1,79,200

Auction snapshot

Possession
Property typeFlat · Residential
LocalityMedankarwadi, Chakan
Built-up / plot area590 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.Flat No. C 1
Building / societyRajlaxmi Glory
FloorGround Floor
Auction typeSARFAESI Auction
Service providerbankauctions.in

About this property

Flat bank auction in Medankarwadi, Chakan, Pune by GIC Housing Finance Ltd. — reserve price ₹17,92,000, 590 sq. ft..

This bank auction property features a 1 BHK residential flat located in the popular Rajlaxmi Glory complex, Medankarwadi, Chakan, Pune. With a carpet area of 590 sq. ft., this ground-floor unit is perfectly situated near Polite Hermitage. Offered by GIC Housing Finance Ltd., this property is available at an attractive reserve price of ₹17.92 Lakhs. This represents a great opportunity for homebuyers and investors looking to purchase an affordable residential flat in the rapidly developing Chakan industrial belt. Interested bidders must note the auction date of 06-09-2024. Don't miss this chance to acquire a prime piece of real estate in Pune through a transparent bank auction process.

GeoSquare note: The property is located in a high-demand industrial area (Chakan) which ensures strong rental yields and long-term capital appreciation. With a clear title and 'Nil' encumbrances reported by the bank, this residential flat is a solid investment at the specified reserve price.

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