Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612046
Bank Name:Bank of Maharashtra
Branch Name:MUMBAI NORTH ZONAL OFFICE
Reserve Price:₹19,05,000
EMD:₹1,90,000
Auction Time:11.00 a.m. to 3:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
A residential flat located in Vasai, Palghar, Maharashtra. This property is being auctioned by the Bank of Maharashtra. Ideal for individuals or families seeking a home in a well-connected area. The property offers a comfortable living space in a developing region.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:315, Achole Ashok Nagar, CHSL, Achole Ashok Nagar, CHSL, Link Road, Achole, Nallasopara East, Taluka-Vasai, Dist- Palghar, Maharashtra-401209, Achole, Vasai
Building/Society:Achole Ashok Nagar, CHSL
Auction Description
Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Vasai, Palghar. The auction will take place on November 14, 2025, from 11:00 AM to 3:00 PM. The reserve price for this auction is ₹19,05,000, with an Earnest Money Deposit (EMD) of ₹1,90,000 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mr. Nikhil Ravindra
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Nikhil Ravindra Malkar, Mrs. Deepali Nikhil Malkar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Vasai, Palghar, offered at a reasonable reserve price. Its physical possession status is a positive aspect, although the precise condition and dimensions are not specified, indicating a calculated opportunity rather than a guaranteed high return.
Contact Details
Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Suman Kumar Jha
Contact no:8530253773
