Flat for auction 1 Belapur Towers, Navi Mumbai by BOI

A residential flat located in Belapur, Navi Mumbai, Maharashtra. This property is being auctioned by the Bank of India under the SARFAESI Act. Belapur is a prominent node in Navi Mumbai known for its infrastructure, connectivity, and commercial hubs. The flat is categorized as residential and offers a potential living space or investment opportunity in a sought-after urban locality. Further details regarding the specific size, layout, and amenities of the flat should be obtained directly from the auction notice or the bank.

The Bank of India is conducting a SARFAESI auction for a residential flat in Belapur, Navi Mumbai. The auction will take place on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹24,00,000, with an Earnest Money Deposit (EMD) of ₹2,40,000. This is a prime opportunity to acquire a property in a well-established area of Navi Mumbai. Interested bidders are advised to review all auction terms and conditions and conduct their own due diligence on the property. The property is being auctioned due to default by the borrower, M/s Dhanlaxmi Electricals Pvt.Ltd.