Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613817
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹19,40,000
EMD:₹1,94,000
Auction Time:11:30 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:02-12-2025 05:00 PM
Bid Start Date:2025-12-03
Property Description
This is a residential flat located in Badlapur, Thane, Maharashtra. It is part of a bank auction being conducted by Edelweiss Asset Reconstruction Company Limited. The property is being auctioned under the SARFAESI Act. Details regarding the specific size, configuration, and condition of the flat are available through the auctioneer. The property is offered as-is, and prospective bidders are advised to conduct their own due diligence.
State:Maharashtra
City:Thane
Area:Badlapur
Asset Category:Residential
Full Address:01, Kanishka Apt, Flat No. 01, Ground Floor, Kanishka Apt, Near Water Supply Office, Belavli, Badlapur West, Belavli, Thane
Building/Society:Kanishka Apt
Size:530 Sq Ft
Auction Description
Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a residential flat in Badlapur, Thane, Maharashtra. The auction has a reserve price of INR 19,40,000 and requires an Earnest Money Deposit (EMD) of INR 1,94,000. The auction will take place on December 3, 2025, commencing at 11:30 AM and concluding at 01:30 PM. This is a single-day auction event. Interested parties should review all auction terms and conditions provided by Edelweiss Asset Reconstruction Company Limited.
Borrower Name:Nilesh Yashwant Shelar
Auction Type:SARFAESI Auction
Guarantor Names:Yashwant Abaji Shielar, Sarika G Raut
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Badlapur, Thane, offered at a reasonable reserve price. While the location has potential, further due diligence on market values and potential encumbrances is advised. The auction terms appear standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
