611 sq ft House for Auction in Pune – GIC HFL

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

611 sq ft

Reserve price / sq ft

₹1,953

Locality

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City

Pune

State

Maharashtra

Pincode

412303

Address

Gut No: Cts-1544 Gat-164/1, Building Name: Malhar Villa, House No: Flat-201/Wing-B, Floor No: Second, Plot No: Cts-1544,Street Name: Old Morgaon Road, Land Mark: Behind Water Purificatio, Vilage: Jejuri, Location: Jejuri, Taluka: Purandar, State: Maharashtra Pin Code: 412303, Police Station: Jejuri, North By: Flat No.202, South By: Open Space, East By: Staircase, 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

Pune Branch

Auction type

SARFAESI Auction

Borrower

RANJEET V***** G*****

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 2414084

Price Check

This listing's reserve price works out to ₹1,953 per sq ft. The average across residential bank auctions in Pune on our site is ₹6,030 per sq ft, so this one is 68% 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 2414084), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,19,328 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.