Car for auction Sanpada Mumbai 16 lakh Union Bank of India

Property for Auction in Vashi., Mumbai, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Reserve Price
16,20,000
Reserve Price
16,20,000
EMD Required
1,62,000
Vehicle Specifications
Vehicle TypeCar
Auction TypeSARFAESI Auction
StatusSymbolic
BorrowerMr. Monish Chandraprakash Nagpal
Property Type IconProperty Type:
Car
Location IconLocation:
Vashi., Mumbai
Auction Date IconAuction Date:
18-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:614623

Bank Name:Union Bank of India

Branch Name:RO MUMBAI VASHI

Reserve Price:16,20,000

EMD:1,62,000

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 (Vehicle Auctions) by Union Bank of India, located in Vashi, Mumbai, Maharashtra. The borrower is Mr. Monish Chandraprakash Nagpal. This SARFAESI auction presents an opportunity to bid on a vehicle with a reserve price of INR 1,620,000.00 and an Earnest Money Deposit (EMD) of INR 162,000.00. Ideal for those seeking a vehicle through a transparent auction process.

State:Maharashtra

City:Mumbai

Area:Vashi.

Asset Category:Vehicle Auctions

Full Address:Datta mandir compound, Sion Panvel Highway, Sector 30 Sanpada, Sanpada, Mumbai

Auction Description

Union Bank of India presents a SARFAESI auction for a car in Vashi, Mumbai, Maharashtra. The auction will take place on November 18, 2025, starting at 02:00 PM and concluding at 03:00 PM. The reserve price for this vehicle auction is set at INR 1,620,000.00, with an EMD of INR 162,000.00 required to participate. Don't miss this chance to acquire a vehicle through an official bank auction.

Borrower Name:Mr. Monish Chandraprakash Nagpal

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The TATA SAFARI auction in Vashi presents a moderate opportunity. While the vehicle is relatively new, the price aligns with market value, offering potential savings. Further inspection is advised due to the 'AS IS' auction terms.

Contact Details

Branch:Branch Office : RO MUMBAI VASHI

Service Provider:Public Auction

Contact Details:

Contact no:9616477797

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