Representative illustration — House bank auction in Medhankarwadi, Chakan
Representative illustration — not the actual property photograph.
House Residential Physical possession Strong Buy

House for Auction Medhankarwadi Chakan Pune 11.9 Lakh by Gic Housing Finance Ltd

Medhankarwadi, Chakan, Pune

Area: 533 sq. ft.

Vaishnav Residency, Gat No-493 Old-1839, Shankargiri Gosavi Road, Medhankarwadi, Chakan, Pune, Maharashtra - 410501

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹11,88,121

EMD ₹1,18,812

Auction date

16 Sep 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 533 sq. ft.
  • Locality: Medhankarwadi, Chakan
  • Reserve: ₹11,88,121
  • EMD: ₹1,18,812

Auction snapshot

PossessionPhysical
Property typeHouse · Residential
LocalityMedhankarwadi, Chakan
Built-up / plot area533 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.Wing A Flat-06
Building / societyVaishnav Residency
Floor3rd
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

House bank auction in Medhankarwadi, Chakan, Pune by GIC Housing Finance Ltd. — reserve price ₹11,88,121, 533 sq. ft., Physical possession.

Participate in the bank auction property sale of a 533 sq. ft. residential flat located in Vaishnav Residency, Chakan, Pune. This well-positioned property in Medhankarwadi is available through GIC Housing Finance Ltd. with a reserve price of ₹11,88,121. Ideally suited for home buyers and investors, this residential unit is situated on the 3rd floor. The auction is scheduled for 16th September 2026. Do not miss this opportunity to acquire a residential property in a developing locality of Pune at a competitive price. Interested bidders must complete their EMD submission by 15th September 2026. For further details on this bank auction property, visit the official portal and secure your bid for this prime real estate asset in Chakan.

GeoSquare note: The property is located in the industrial hub of Chakan, which offers strong rental and appreciation potential. With physical possession already held by the bank and a reasonable reserve price for a 533 sq. ft. flat, this represents a solid investment opportunity for end-users and investors alike.

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