Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611037
Bank Name:Union Bank of India
Branch Name:Regional Office, Mumbal (South)
Reserve Price:₹13,24,800
EMD:₹1,32,480
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Badlapur, Thane, Maharashtra. The property is being auctioned by the Union Bank of India under the SARFAESI Act. It is an opportunity to acquire a residential asset in a well-known area of Thane. The property is offered as part of a bank auction process.
State:Maharashtra
City:Thane
Area:Badlapur
Asset Category:Residential
Full Address:102, Shree Vaibhav CHS, Flat No.102, 1st Floor, Shree VaibhavCHS, Behind ever shine Service Centre, Opp Green Park, Ambernath- Badlapur Road, Belavali, Badlapur West, Thane-421503, Belavali, Thane
Building/Society:Shree Vaibhav CHS
Auction Description
Union Bank of India presents a SARFAESI auction for a residential flat in Badlapur, Thane. The reserve price for this auction is INR 13,24,800, with an Earnest Money Deposit (EMD) of INR 1,32,480 required to participate. The auction will be conducted online and will commence on November 14, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. This is a prime opportunity to bid on a property formerly owned by Mr. Avinash Balkrishna Patil.
Borrower Name:Mr. Avinash Balkrishna Patil
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Not Known
Encumbrance Details:Not Known
Why This Property
The property offers a reasonable investment potential due to its location in Badlapur, a developing area of Thane. The reserve price appears competitive; however, further due diligence is needed to assess the property's condition and local market dynamics. Overall, it's a calculated opportunity for buyers seeking affordable housing.
Contact Details
Branch:Branch Office : Regional Office, Mumbal (South)
Service Provider:BAANKNET
Contact Details:
Contact no: —
