Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610456
Bank Name:Punjab National Bank
Branch Name:Circle Office Mumbai City
Reserve Price:₹29,07,000
EMD:₹2,90,000
Bid Increment:₹25,000
Auction Time:11 AM to 4 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-11
Bid Start Date:2025-11-11
Property Description
This is a residential flat located in Bhayandar, Thane, Maharashtra, offered by Punjab National Bank. The property is part of a SARFAESI auction, indicating it's being sold due to loan default by the borrower, Mr. Manohar Lal Prajapat. This presents an opportunity for interested buyers to acquire a flat in a well-known area.
State:Maharashtra
City:Thane
Area:Bhayandar
Asset Category:Residential
Full Address:213, Toral- CHSL, Flat No.213, 2nd Floor, C Wing, Toral- CHSL, Cabin Cross Road, Village- Kharigaon, Bhayander (East), Tal. & Dist. Thane-401105, Bhayandar East, Thane
Building/Society:Toral- CHSL
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Bhayandar, Thane, Maharashtra. The auction has a reserve price of INR 29,07,000 and requires an EMD of INR 2,90,000. The auction will take place on 11th November 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a sealed bid auction.
Borrower Name:Mr.Manohar Lal Prajapat
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Us
Why This Property
The property offers a reasonable investment prospect due to its location in Bhayandar, Thane, and a relatively low reserve price. However, the symbolic possession status and limited details available require careful evaluation. It is a calculated opportunity best suited for investors familiar with the local market and comfortable with potential risks.
Contact Details
Branch:Branch Office : Circle Office Mumbai City
Service Provider:BAANKNET
Contact Details:
Contact no: —
