450 sq feet Flat for Auction in Chakan, Pune – BOM

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

450 sq feet (≈ 450 sq ft)

Reserve price / sq ft

₹4,115

Locality

Chakan

City

Pune

State

Maharashtra

Pincode

410501

Address

Chakan, Maharashtra, 410501 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Maharashtra

Branch

CHAKAN

Auction type

SARFAESI Auction

Borrower

BALASAHEB S***** R*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 04:00 PM

EMD submission deadline

17 Nov 2026, 11:59 PM

Inspection

11 Nov 2026, 10:00 AM – 13 Nov 2026, 05:00 PM

Authorised officer

SUNIL SAHU

Officer contact

9420753667

E-auction portal

BAANKNET (Property ID MAHB202629)

Price Check

This listing's reserve price works out to ₹4,115 per sq ft. The average across residential bank auctions in Pune on our site is ₹5,942 per sq ft, so this one is 31% 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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID MAHB202629)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price.
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.