Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614202
Bank Name:Punjab National Bank
Branch Name:ARMB Thane
Reserve Price:₹61,50,000
EMD:₹6,15,000
Bid Increment:₹5,000
Auction Time:10:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in the Maval area of Pune, Maharashtra. The property is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for individuals or families looking for a home in a developing region of Pune. The flat offers a blend of modern living and accessibility to city amenities.
State:Maharashtra
City:Pune
Area:Maval
Asset Category:Residential
Full Address:802, Tennessee Apartment, Flat No. 802, 8th Floor, Tennessee Apartment, on Plot Bearing Survey No. 118/2C, Village Wadgaon, Taluka Maval, District Pune-412106, Wadgaon, Maval, Pune
Building/Society:Tennessee Apartment
Size:2065 sq. ft.
Auction Description
Punjab National Bank presents a SARFAESI auction for a residential flat in Maval, Pune. The auction will take place on November 26, 2025, from 10:00 AM to 4:00 PM. The reserve price is INR 61,50,000 with an Earnest Money Deposit (EMD) of INR 6,15,000. This is a prime opportunity to acquire a property in a sought-after location. Interested bidders are advised to review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Jai Shailesh Rahchh
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Kavita Rahchh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Us
Why This Property
Located in Maval, Pune, this flat offers a decent investment opportunity. The reserve price aligns with similar properties in the area, making it a potentially sound choice for buyers seeking affordable housing. However, due diligence regarding encumbrances and legal standing is advised.
Contact Details
Branch:Branch Office : ARMB Thane
Service Provider:BAANKNET
Contact Details:
Satyendra Mishra
Contact no:9903085950
