Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:610264
Bank Name:Bank of Maharashtra
Branch Name:Nagpur Zone
Reserve Price:₹1,02,76,150
EMD:₹10,27,615
Bid Increment:₹25,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Nagpur, Maharashtra, being auctioned by the Bank of Maharashtra. The property is offered under the SARFAESI Act and represents a valuable opportunity in the real estate market. Its specific location and amenities are detailed in the auction documents. Ideal for individuals or families seeking a home in a well-connected urban area.
State:Maharashtra
City:Nagpur
Area:Nagpur
Asset Category:Residential
Full Address:303, Casa Royal Apartments, Casa Royal, Flat No 303, Mohan Nagar, Sitabuldi, Nagpur
Building/Society:Casa Royal Apartments
Size:118.73 sq.mts
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Nagpur, Maharashtra. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM. The reserve price is ₹10,276,150.00, with an Earnest Money Deposit (EMD) of ₹1,027,615.00 required to participate. This is a prime opportunity to acquire a property through a transparent banking auction process.
Borrower Name:Mr. Manoj Elamthuruthil Chacko
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Sitabuldi, Nagpur, offers a good opportunity due to its location and size. The reserve price seems reasonable for the area. Given the established residential setting and clear auction terms, it represents a strong buy.
Contact Details
Branch:Branch Office : Nagpur Zone
Service Provider:BAANKNET
Contact Details:
Atul Pardikar
Contact no:8384893938
