Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613020
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,10,00,000
EMD:₹11,00,000
Bid Increment:₹1,00,000
Auction Time:3:00 PM to 4:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential flat located in Airoli, Navi Mumbai, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. It presents a valuable opportunity for homebuyers and investors in a well-connected urban area.
State:Maharashtra
City:Navi Mumbai
Area:Airoli
Asset Category:Residential
Full Address:Row H No 12 A, Zee Villa Gaura CHSL, Row H No 12 A, Zee Villa Gaura CHSL, Plot No 73 to 79/91, Datta Meghe Engr. College, Sec 28, Airoli, Navi Mumbai, Maharashtra 400708, Airoli, Navi Mumbai
Building/Society:Zee Villa Gaura CHSL
Size:950 sq. ft
Auction Description
The Bank of India is conducting an e-auction for a residential flat in Airoli, Navi Mumbai. The auction will be held on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price is ₹11,000,000, with an Earnest Money Deposit (EMD) of ₹1,100,000 required to participate.
Borrower Name:Mr. Ravi Angad Wangwad
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in Airoli, Navi Mumbai, a developing residential area, offered at a moderate price point. While the 'Symbolic' possession status introduces some risk, the location and property type make it a calculated opportunity for potential buyers. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9920112532
