Bank of India Possession Notice under SARFAESI Act – Kharabwadi Branch, Pune (Dombivli East, Thane Property)
Jun 13, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
FinancialExpress E-Paper
This is a Possession Notice issued under SARFAESI Act, 2002 by the Bank of India, Kharabwadi Branch, Pune.
The notice is issued against borrowers Mr. Digambar Jayram Chaudhary and Mrs. Seema Digambar Chaudhary for non-repayment of dues amounting to Rs. 78,26,562 plus applicable uncharged interest. Despite a demand notice dated 24-02-2026, the borrowers failed to clear the outstanding amount within the stipulated period, leading the authorised officer of Bank of India to take possession of the secured immovable property on 10-06-2026 under Section 13(4) of the SARFAESI Act.
The secured asset is a residential flat located at Flat No. 1402, 14th Floor, Virat Grandeur, Dombivli East, constructed on land bearing Old Survey No. 194, Hissa No. 11, New Survey No. 78, Hissa No. 11/2, Village Kanchangaon, Taluka Kalyan, District Thane, Maharashtra.
Property boundaries:
North: 14.00 M road
South: Open space
East: Manjunath College
West: 24.00 M road
Location: Kharabwadi Branch, Taluka Khed, District Pune, Maharashtra (issuing office) and property located in Dombivli East, District Thane, Maharashtra.
This notice cautions the public not to deal with the property, as it remains under the charge of the bank until dues are fully recovered.