Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611082
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹23,77,000
EMD:₹2,37,700
Auction Time:10:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a residential flat located in Ambarnath, Thane, Maharashtra. The property is being auctioned by Indian Bank under SARFAESI Act. The flat offers a living space in a well-established locality of Thane district. Ideal for individuals or families seeking a home in the Mumbai Metropolitan Region.
State:Maharashtra
City:Thane
Area:Ambarnath
Asset Category:Residential
Full Address:704, JEWEL ARISTA GARNET BUILDING, Residential Flat No. 704, I Wing, Jewel Arista Garnet Building, Badlapue West, Village Sonivali Near Baba Saheb Ambedkar Smarak, Taluka Ambernath, District- Thane, Pin Code 421503 GAT No. 25/1A, 25/1B, 25/2, 67/3A, Badlapur West, Thane
Building/Society:JEWEL ARISTA GARNET BUILDING
Size:489 sq.ft.
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential flat in Ambarnath, Thane, Maharashtra. The auction has a reserve price of INR 23,77,000 and requires an Earnest Money Deposit (EMD) of INR 2,37,700. The auction will take place on November 19, 2025, commencing at 10:00 AM and concluding at 04:00 PM. This is a prime opportunity to acquire a property through a transparent bidding process.
Borrower Name:Mr. Arun Sukhdev Damale
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ambika Arun Damale
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area. The reserve price seems reasonable for the size and location, but further due diligence is needed. Auction terms are standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Vikash Oraon
Contact no:8976754766
