Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613112
Bank Name:CFM Asset Reconstruction Pvt Ltd
Branch Name:Ahmedabad
Reserve Price:₹9,50,00,000
EMD:₹95,00,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This auction features a significant parcel of land located in Haveli, Pune, Maharashtra, offered by CFM Asset Reconstruction Pvt Ltd. The property is categorized as residential and presents a prime investment opportunity within a developing area. This land is ideal for developers or individuals looking to build their dream home or undertake a real estate project. Its strategic location in Pune ensures good connectivity and potential for appreciation. Don't miss this chance to acquire a valuable asset in a sought-after region.
State:Maharashtra
City:Pune
Area:Haveli
Asset Category:Residential
Full Address:Survey No.4, Hissa No.1/16/3, Survey No. 4 Hissa No. 1/16/4, Survey no 4 Hissa no. 1/16/5, Kondhava Budruk, Kondhava Budruk, Pune
Size:1000 sq. mtrs
Auction Description
CFM Asset Reconstruction Pvt Ltd is conducting a SARFAESI auction for a valuable land parcel in Haveli, Pune. The auction will commence on December 12, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at ₹9.5 Crores, with an Earnest Money Deposit (EMD) of ₹95 Lakhs required to participate. This is a direct opportunity to bid on a significant residential land asset. Ensure all participation criteria are met before the auction deadline.
Borrower Name:M/s Rachana Construction through its
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shyam Manoharsingh Pardeshi, Mr. Ramniklal Devji Rangani, Mr. Nilesh Lakhamshi Patel, Mr. Lakhamshi Jivraj Patel, Mrs. Reena Nilesh Patel, Mr. Pravin Harji Patel, Mr. Premal Shamji Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land presents a moderate investment prospect due to its location in Haveli, Pune, and its substantial size. The reserve price is relatively high, warranting careful due diligence. The auction terms are standard, and the symbolic possession status adds a layer of complexity, suggesting a calculated approach is necessary.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Sapana Desai
Contact no:8879890250
