Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613794
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹23,47,000
EMD:₹2,34,700
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 the well-established area of Panchavati, Nashik, Maharashtra. This property is part of a bank auction being conducted by Canara Bank under the SARFAESI Act. Ideal for individuals or families seeking a home in a prime location within Nashik.
State:Maharashtra
City:Nashik
Area:Panchavati
Asset Category:Residential
Full Address:Flat No. 6 & Flat No 7, Ram Residency Apartment, Ram Residency Apartment, Plot No- 13, S.No 10/1, Village Makhmalabad, Panchavati, Nashik
Building/Society:Ram Residency Apartment
Size:26.5 + 45.148 sq. mtrs
Auction Description
Canara Bank is holding a SARFAESI auction for a residential flat in Panchavati, Nashik. The auction begins on November 25, 2025, at 12:00 PM and concludes at 1:00 PM on the same day. The reserve price is set at INR 23,47,000, with an Earnest Money Deposit (EMD) of INR 2,34,700 required to participate. This is a significant opportunity to acquire property through a transparent bank auction process.
Borrower Name:M/s Saptshrungi Steel Mart
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Prathibha Dhananjay Dhondge
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Panchavati, a well-known area in Nashik, the combined flats offer a decent residential space at a reasonable reserve price. While the location provides good connectivity, the auction terms and potential legal clearances should be carefully evaluated before investing. This represents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
