541 sq ft Flat for Auction in Pune – SIB

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

541 sq ft

Reserve price / sq ft

₹2,163

Locality

—

City

Pune

State

Maharashtra

Address

Description of property: All that part and parcel of Flat bearing No.304 admeasuring 541 Sq Ft ie 50.26 Sq Mtrs with Balcony and Passage situated in Wing 'C', Third Floor of building in the name of "Shree Ganesham " at land bearing Gat No.34,H No.1, area admeasuring 5000 Sq Mtr out of total land admeasuring about 6 H 39 R(including Potkharaba 00 H 87 R) within limits of Theur Grampanchayat along with rights in common areas and facilities, along with all other constructions, improvements, easementary Rights existing and appurtenant thereon at Theur Village Haveli Taluk Pune District and owned by Mrs. Vidya Sachin Bansode and Mr. Bansode Sachin Mahadev, more fully described in Deed of Assignment No.3137/2021 dated 11.01.2021 registered on 25.02.2021 of Sub Registrar of Haveli No.12 and plot bounded on North: Property of Subhash Kunjir, East: Property of Yashwant Pathare, South:Property of Dattatray Kunjir, West: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Nagpur

Auction type

SARFAESI Auction

Borrower

Mrs V**** S***** B*****

Auction start

21 Nov 2026, 01:00 PM

Auction end

21 Nov 2026, 02:00 PM

EMD submission deadline

20 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2450600

Price Check

This listing's reserve price works out to ₹2,163 per sq ft. The average across residential bank auctions in Pune on our site is ₹5,942 per sq ft, so this one is 64% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2450600), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,17,000 before 20 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 21 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.