Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614077
Bank Name:Union Bank of India
Branch Name:Regional Office
Reserve Price:₹19,19,300
EMD:₹1,91,930
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-12-11
Property Description
A residential flat located in Maval, Pune, Maharashtra. This property is being auctioned by Union Bank of India under SARFAESI Act. The flat offers an excellent opportunity for homeownership or investment in a rapidly developing area. Detailed property inspection is recommended.
State:Maharashtra
City:Pune
Area:Maval
Asset Category:Residential
Full Address:203, Mhada LIG-1 Scheme, Flat No. 203 2ND Floor, A wing at survey NO. 388, Mhada LIG-1 Scheme, Near Mantra City 360, Rajgurav Colony, Taluka Maval Talegoan 410506, Rajgurav Colony, Pune
Building/Society:Mhada LIG-1 Scheme
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Maval, Pune. The auction has a reserve price of ₹19,19,300 and requires an EMD of ₹1,91,930. Bidding will take place on December 11, 2025, from 12:00 PM to 05:00 PM. Interested bidders should ensure all documentation is in order before participating.
Borrower Name:Mr. Pravin Dattratray Shinde
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Pradeep Kumar Panikar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to AO
Why This Property
The flat in Maval, Pune, presents a reasonable investment opportunity given its location and the auction terms. With a reserve price of ₹1919300.0 and a physical possession status, it warrants a closer look, especially considering the 'Not Known to Bank' encumbrance status. Further due diligence on the property's market value and potential rental yield is advised before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
