Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613842
Bank Name:Bank of India
Branch Name:Pune recovery branch
Reserve Price:₹36,58,000
EMD:₹37,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a commercial office space located in the bustling Mangalwar Peth area of Pune, Maharashtra. Situated in a prime commercial hub, this property offers excellent connectivity and visibility, making it an ideal location for various business ventures. The property is being auctioned by the Bank of India under SARFAESI proceedings. Ideal for investors or businesses looking to establish a presence in a sought-after Pune locality.
State:Maharashtra
City:Pune
Area:Mangalwar Peth
Asset Category:Commercial
Full Address:110, Evolet Tiara, Office no 110 Building No B Wing no B1, First Floor, Evolet Tiara, constructed on Land bearing CTS NO 423, tps 11 FINAL PLOT NO 28/a11 & 28/a/2 Mangalwar Peth Pune 411011, Mangalwar Peth, Pune
Building/Society:Evolet Tiara
Size:412.00 sq ft
Auction Description
The Bank of India is conducting a SARFAESI auction for a commercial office property in Mangalwar Peth, Pune. The auction has a reserve price of INR 36,58,000 and requires an Earnest Money Deposit (EMD) of INR 37,000. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. This is a significant opportunity to acquire a commercial asset in a key Pune location.
Borrower Name:Prabha Imtiyaz Qureshi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial office space in a decent location, Mangalwar Peth, Pune. While the price is reasonable, the property requires thorough due diligence. Given its location and the ongoing auction terms, it presents a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Pune recovery branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
