Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609172
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹82,26,400
EMD:₹8,22,640
Bid Increment:₹10,000
Auction Time:2:00 PM to 3:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-10
Bid Start Date:2025-11-11
Property Description
A residential flat located in Nagpur, Maharashtra, is being auctioned by Tata Capital Housing Finance Ltd. This property falls under the SARFAESI Act and is being offered due to a loan default by the borrower, Mr. Srinivasrao Gandewar. The property is situated in the city of Nagpur, a prominent urban center in Maharashtra.
State:Maharashtra
City:Nagpur
Area:Nagpur
Asset Category:Residential
Full Address:301, Madhav Niwas, Apartment No. 301, Third Floor, Madhav Niwas, Plot No. 234, House No. 3458/A/234, Ward No. 15, Kh. No. 58/25 of Mz-Babulkheda, C. S. No. 6739/1, Sheet No. 45, PH No. 39, Shri Nagar, Nagpur
Building/Society:Madhav Niwas
Size:95.526 Sq. Mtrs
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Nagpur, Maharashtra. The auction will take place on November 11, 2025, between 2:00 PM and 3:00 PM. The reserve price for this auction is ₹8,226,400, with an Earnest Money Deposit (EMD) of ₹822,640 required to participate. This is an opportunity to acquire a property through a bank auction process.
Borrower Name:Mr. Srinivasrao Gandewar
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Santosh Kumar Gandewar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Nagpur, offered at a reserve price of ₹8226400. Its location and size present a decent investment prospect. However, potential buyers should conduct thorough due diligence before participating in the auction due to symbolic possession status.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Contact no:8588983696
