Car for auction Nerul (West) Mumbai 2 lakh Union Bank of India

Property for Auction in Nerul (West), Mumbai, Maharashtra

Recommendation
Calculated OpportunityScore: 5.5
Possession
Symbolic
Reserve Price
2,25,000
Reserve Price
2,25,000
EMD Required
22,500
Vehicle Specifications
Vehicle TypeCar
Auction TypeSARFAESI Auction
StatusSymbolic
BorrowerM/s. Om Shraddha Tours And Travels
Property Type IconProperty Type:
Car
Location IconLocation:
Nerul (West), Mumbai
Auction Date IconAuction Date:
18-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.5

Auction ID:614622

Bank Name:Union Bank of India

Branch Name:RO MUMBAI VASHI

Reserve Price:2,25,000

EMD:22,500

Auction Time:2.00 PM

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-18

Bid Start Date:2025-11-18

Property Description

This is a bank auction of a car by Union Bank of India in Nerul (West), Mumbai, Maharashtra. The property is a vehicle belonging to M/s. Om Shraddha Tours And Travels. This SARFAESI auction offers a prime opportunity to acquire a vehicle at a competitive price.

State:Maharashtra

City:Mumbai

Area:Nerul (West)

Asset Category:Vehicle Auctions

Full Address:Datta mandir compound, Sion Panvel Highway, Sector 30 Sanpada, Nerul (West), Mumbai

Auction Description

Union Bank of India is conducting a SARFAESI auction for a car in Nerul (West), Mumbai. The auction will take place on November 18, 2025, from 2:00 PM to 3:00 PM. The reserve price is INR 2,25,000, with an Earnest Money Deposit (EMD) of INR 22,500. This is an excellent opportunity for interested buyers to participate in a transparent auction process.

Borrower Name:M/s. Om Shraddha Tours And Travels

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The Maruti Suzuki S-Presso represents an entry-level transportation option. Given its reserve price, it could be a reasonable purchase for personal or commercial use, though potential bidders should thoroughly inspect the vehicle. The auction terms are standard, and the location is accessible, but the car's age and condition need to be factored into the bid strategy.

Contact Details

Branch:Branch Office : RO MUMBAI VASHI

Service Provider:Public Auction

Contact Details:

Contact no:8801314022

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