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Flat SARFAESI Auction

555 sq ft Flat for Auction in Bibwewadi, Pune – IARC

Bibwewadi, Pune, Maharashtra · Auction ID #4080

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Reserve Price ₹1,00,00,000
EMD (Earnest Money)₹10,00,000
Bid Increment₹50,000
Auction Date 13 Oct 2026, 02:00 PM In 13 days
EMD Last Date 12 Oct 2026, 05:00 PM In 12 days
Area555 sq ft

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
555 sq ft
Reserve price / sq ft
₹18,018
Locality
Bibwewadi
City
Pune

Description (as per sale notice)

1: "Flat No. 9, Adm. About 555 Sq. Ft. L.E. 51.58 Sq. Mtrs. Built up Area on second floor, In "A" Wing, of Building known as "Shree Ganesh Apartment", Building No. 3, on Plot of Land Bearing No. 2 out of Survey No. 668, Hissa No. 3+4+5A/1B/1B situated at Village Bibwewadi, Taluka Haveli, District Pune and within the limits of Pune Municipal Corporation. Owned by Mr. Prashant Pandurang Gosavi 2: "Flat No. 10, Adm. About 555 Sq. Ft. I.E. 51.58 Sq. Mtrs. Built up Area on Second Floor, In "A" Wing, of Building Known as "Shree Ganesh Apartment", Building No. 3, on Plot of Land Bearing No. 2 out of Survey No. 668, Hissa No. 3+4+5A/1B/ IB situated at Village Bibwewadi, Taluka Haveli, District Pune and within the limits of Pune Municipal Corporation Jointly Owned by Mr. Prashant Pandurang Gosavi and Mr. Pandurang K. Gosavi (Merged Property of Flat No. 9 and 10)

Bank & Auction Details

Branch
ISARC ACBL-1/2017-18 Trust
Auction type
SARFAESI Auction
Borrower
M/s E***** P****
Auction start
13 Oct 2026, 02:00 PM
Auction end
13 Oct 2026, 05:00 PM
EMD submission deadline
12 Oct 2026, 05:00 PM
Inspection
10 Oct 2026, 11:00 AM – 10 Oct 2026, 04:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹18,018 per sq ft. The average across residential bank auctions in Pune on our site is ₹6,078 per sq ft, so this one is 196% above 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 (open notice).
  2. Inspect the property on 10 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹10,00,000 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with International Asset Reconstruction Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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