Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614203
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 Maval, Pune, Maharashtra. It is being auctioned by Punjab National Bank. The property is part of a SARFAESI auction, indicating it's a distressed asset. The flat offers a potential opportunity for buyers looking for property in the Pune region.
State:Maharashtra
City:Pune
Area:Maval
Asset Category:Residential
Full Address:803, Tennessee Apartment, Flat No. 803, 8th Floor, Tennessee Apartment, on Plot Bearing Survey No. 118/2C, Village Wadgaon, Wadgaon, Pune
Building/Society:Tennessee Apartment
Size:2065 sq. ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Maval, Pune. The auction will take place on November 26, 2025, from 10:00 AM to 04:00 PM. The reserve price for this property is ₹61,50,000, with an Earnest Money Deposit (EMD) of ₹6,15,000 required to participate. This is a single-day online auction event.
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
The property is a residential flat in Maval, Pune, offered at a reserve price of ₹6150000. While the location is decent, the symbolic possession status and 'Not Known to Us' encumbrance details introduce some risk. This investment may suit those willing to conduct thorough due diligence.
Contact Details
Branch:Branch Office : ARMB Thane
Service Provider:BAANKNET
Contact Details:
Satyendra Mishra
Contact no:9903085950
