Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613798
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
A residential flat located in Shivar, Nashik, Maharashtra. This property is being auctioned by Canara Bank under SARFAESI proceedings. Mrs. Santoshi Sanjay Patel is the borrower. The flat offers an excellent opportunity for homeownership or investment in a developing area of Nashik.
State:Maharashtra
City:Nashik
Area:Shivar
Asset Category:Residential
Full Address:Flat No. 11, Gajraj Heights, Gajraj Heights, Plot No. 9, S No. 236/1+3+ 4+5+6/3/37, Near Nishant Blaize, Behind K.K. Wagh College of Agriculture, Dhatrak Phata, Nashik Shivar, Nashik Shivar, Nashik
Building/Society:Gajraj Heights
Size:857 sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Shivar, Nashik. The auction will take place on November 25, 2025, from 12:00 PM to 01:00 PM. The reserve price is INR 26,00,000, with an EMD of INR 2,60,000 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mrs. Santoshi Sanjay Patel
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Abhijit Sanjay Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment in a developing locality of Nashik. The reserve price seems reasonable for the area and size, however, the auction terms and symbolic possession suggest potential challenges. It is recommended for investors willing to take calculated risks.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
