Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609656
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹33,16,500
EMD:₹3,31,650
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-07
Property Description
A residential flat located in Badlapur, Thane, Maharashtra, offered for auction by the Bank of India. This property, previously mortgaged by Hasmukh Virajibhal Patel, is being sold under SARFAESI proceedings. Ideal for individuals or families seeking a home in a developing area of Thane.
State:Maharashtra
City:Thane
Area:Badlapur
Asset Category:Residential
Full Address:603, Om Yashwant Plaza, Flat no. 603, Om Yashwant Plaza, Survey no. 97, Hissa no. 1 (p), Village-Belavall, Badlapur-421503, Badlapur, Thane
Building/Society:Om Yashwant Plaza
Size:466 sq. ft.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Badlapur, Thane. The auction will commence on November 11, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price is set at 33,16,500.00, with an Earnest Money Deposit (EMD) of 3,31,650.00 required to participate. Interested bidders are advised to review all auction terms and conditions provided by the Bank of India.
Borrower Name:Hasmukh Virajibhal Patel
Auction Type:SARFAESI Auction
Guarantor Names:Varsha Hasmukh Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Badlapur with a reasonable reserve price. While the location is decent, the symbolic possession suggests potential legal complexities. It's a calculated opportunity that requires due diligence.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:9987655693
