Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:610287
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹8,16,000
EMD:₹81,600
Auction Time:11:00 to 16:00
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-11
Property Description
This listing is for a vehicle auction held by the State Bank of India in Khed, Pune, Maharashtra. The asset is a vehicle, being auctioned under the SARFAESI Act. This is a prime opportunity to acquire a vehicle through a transparent bank auction process. The reserve price for this auction is ₹816,000, with an Earnest Money Deposit (EMD) of ₹81,600 required to participate.
State:Maharashtra
City:Pune
Area:Khed
Asset Category:Vehicle Auctions
Full Address:19, Ashiwarya Aangan, Building No. 02, Flat No. 19, Ashiwarya Aangan, Chakan khed Dist-Pune 410501., Chakan khed, Pune
Building/Society:Ashiwarya Aangan
Auction Description
The State Bank of India is conducting a SARFAESI auction for a vehicle previously associated with DOSTI ROADLINES AND CRANE SERVICES. The auction will take place online on November 11, 2025, commencing at 04:00 PM and concluding at 05:00 PM. Interested bidders must submit an EMD of ₹81,600. The reserve price is set at ₹816,000. This is a limited-time opportunity to bid on the asset.
Borrower Name:DOSTI ROADLINES AND CRANE SERVICES
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The auction presents a calculated opportunity to acquire a commercial vehicle at a potentially favorable price. However, the age and condition of the truck, coupled with the specific nature of the asset, warrant careful evaluation. The location in Khed, Pune, may offer logistical advantages for certain businesses.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Rahul Mohite
Contact no:9372513245
