Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611550
Bank Name:Canara Bank
Branch Name:Recovery Section, Regional Office : Pune
Reserve Price:₹18,69,000
EMD:₹1,86,900
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 10:00 AM
Bid Start Date:21-11-2025 11:00 AM
Property Description
This is a residential flat located on Sinhagad Road, Pune, Maharashtra. The property is being auctioned by Canara Bank under SARFAESI rules. The flat is part of a residential asset category and is offered for sale due to the borrower, Mr. Bharatsing Arjunsing Tanwar, defaulting on their loan. The property provides an opportunity to acquire a home in a well-known area of Pune.
State:Maharashtra
City:Pune
Area:Sinhagad Road
Asset Category:Residential
Full Address:20, Flat No-20 on 4th Floor, Survey No. 146, Dhayari, Pune-Sinhagad Road, Sinhagad Road, Pune
Size:410 Sq. Ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat situated on Sinhagad Road, Pune. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹18,69,000, with an Earnest Money Deposit (EMD) of ₹1,86,900 required to participate. Interested bidders should ensure all documentation and payment for the EMD are completed before the auction closes.
Borrower Name:Mr. Bharatsing Arjunsing Tanwar
Auction Type:SARFAESI Auction
Guarantor Names:Pitra Smruti Baunglow, Dhayari Gaon
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area of Pune. The reserve price seems reasonable, but potential investors should conduct due diligence regarding market rates and encumbrances. This represents a calculated opportunity with moderate risk.
Contact Details
Branch:Branch Office : Recovery Section, Regional Office : Pune
Service Provider:BAANKNET
Contact Details:
Contact no: —
