500 sq ft House for Auction in Pune – GIC HFL

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

500 sq ft

Reserve price / sq ft

₹2,736

Locality

—

City

Pune

State

Maharashtra

Pincode

412308

Address

Gut No New Sr No.204 H.No.9.Building Name: Aachal Complex, House No: Flat No.301, Floor No: 3Rd FirPlot No: Old Sr.No. 165, Street Name: Papdewasti, Sector Ward No: Savta Mali Chowk, Land Mark Near Sunrise Society, Village: Fursungi, Location: Phursungi, Taluka: Haveli, State: Maharashtra, Pin Code: 412308, Police Station: Fursungi, North By: Open Space, South By: Open Space, East By: Passage, Staircase Flat No.303, West By. Open Space, Encumbrances Known: Nil/Area Of View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Hadapsar Branch

Auction type

SARFAESI Auction

Borrower

NITIN C***** N**** C*****

Auction start

15 Oct 2026, 03:00 PM

Auction end

15 Oct 2026, 04:00 PM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2414089

Price Check

This listing's reserve price works out to ₹2,736 per sq ft. The average across residential bank auctions in Pune on our site is ₹6,030 per sq ft, so this one is 55% 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 (bankauctions.in (4Closure) · Listing 2414089), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,36,800 before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.