Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613795
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹26,10,000
EMD:₹2,61,000
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 Niphad, Nashik, Maharashtra. The property is being auctioned by Canara Bank under the SARFAESI Act, previously belonging to Mr. Amrut Govinda Mali. It offers an opportunity for home ownership or investment in a developing area.
State:Maharashtra
City:Nashik
Area:Niphad
Asset Category:Residential
Full Address:08, Jai Dhan Laxmi Aangan Apartment, Flat No. 08, 3rd Floor, Jai Dhanlaxmi Angan Apt., Plot No. 09, Gat No. 1995/2, Ozar, Tal. Niphad, Dist. Nashik-422006, Ozar, Nashik
Building/Society:Jai Dhan Laxmi Aangan Apartment
Size:123.51 sq. mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Niphad, Nashik. The auction has a reserve price of INR 26,10,000 and requires an Earnest Money Deposit (EMD) of INR 2,61,000. The auction will take place on November 25, 2025, running from 12:00 PM to 01:00 PM. Interested bidders should ensure they have the necessary funds and are prepared to bid on this valuable property.
Borrower Name:Mr. Amrut Govinda Mali
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ganesh Sukhdeo Wankhede
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Niphad, Nashik, and its reasonable reserve price make it a calculated opportunity. While not a prime investment, the physical possession status adds appeal. However, potential investors should conduct due diligence on the property and local market conditions before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
