Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609596
Bank Name:Phoenix ARC Private Limited
Branch Name:Regd. Office - Mumbai
Reserve Price:₹9,50,000
EMD:₹95,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This is a residential flat located in Pune, Maharashtra, being auctioned by Phoenix ARC Private Limited under SARFAESI Act. The property is associated with the borrower Mr. Raju Musa Sayyad. Ideal for individuals or families seeking a home in Pune.
State:Maharashtra
City:Pune
Area:Pune
Asset Category:Residential
Full Address:512, Shiv Prasad Heights, Shiv Prasad Heights, Sr.No-13, Near J.S.P.M Engg College, Pune, Maharashtra-411038, Pune, Pune
Building/Society:Shiv Prasad Heights
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential flat in Pune, Maharashtra. The auction will take place on 24-11-2025, starting at 11:00 AM and ending at 02:00 PM. The reserve price for this auction is ₹9,50,000, with an Earnest Money Deposit (EMD) of ₹95,000. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mr. Raju Musa Sayyad
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The flat's location near an engineering college and its relatively low reserve price make it a worthwhile opportunity. However, prospective buyers should thoroughly investigate the property's condition and any outstanding dues before bidding. The investment is categorized as a calculated opportunity due to its potential for appreciation but also requires due diligence.
Contact Details
Branch:Branch Office : Regd. Office - Mumbai
Service Provider:Auctionbazaar
Contact Details:
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