Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613171
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹24,41,000
EMD:₹2,44,100
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
A residential flat located in Ambarnath, Thane, Maharashtra. This property is being auctioned by Indian Bank under the SARFAESI Act. It presents an opportunity for ownership in a well-established area.
State:Maharashtra
City:Thane
Area:Ambarnath
Asset Category:Residential
Full Address:706, Lok nagari Developers, Phase-3, Flat No. 706, A-4 Wing, on 7th Floor, Lok Nagari Developers, Phase 3, Ambernath East 421501, Ambernath East, Thane
Building/Society:Lok nagari Developers, Phase-3
Size:580 sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Ambarnath, Thane. The auction will take place on November 19, 2025, from 11:00 AM to 04:00 PM. The reserve price is INR 24,41,000 with an Earnest Money Deposit (EMD) of INR 2,44,100. This is a sealed bid auction.
Borrower Name:Mr. Ramroop Bhagwandas Gupta
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a residential flat in Ambarnath, Thane, offered at a reasonable reserve price. While the location is suburban, the auction terms are standard. This represents a calculated opportunity for buyers familiar with the area.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Kalpana Purohit
Contact no:9819807371
