Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:611604
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹1,96,54,000
EMD:₹19,65,400
Auction Time:11.00 am and 3.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a residential flat located in Borivali, Mumbai, Maharashtra. The property is part of a bank auction conducted by the Bank of Maharashtra. It is a valuable opportunity for potential buyers looking to invest in the Mumbai real estate market. The flat is categorized under residential assets, making it suitable for individual or family living.
State:Maharashtra
City:Mumbai
Area:Borivali
Asset Category:Residential
Full Address:B-1501, Sanghavi Solitaire, Flat No. B-1501, 15th Floor, Sanghavi Solitaire, Plot No. 22 B (P), Opp. Sukurwadi Bus Stand, Village Kanheri, Carter Road, Borivali (East) Mumbai- 400066, Borivali, Mumbai
Building/Society:Sanghavi Solitaire
Size:1080 Sq ft Carpet
Auction Description
This is a SARFAESI auction for a residential flat in Borivali, Mumbai, brought to you by the Bank of Maharashtra. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 3:00 PM on the same day. The reserve price for this property is ₹1,96,54,000.0, with an Earnest Money Deposit (EMD) of ₹19,65,400.0 required to participate. This auction presents a unique chance to acquire property under the SARFAESI Act.
Borrower Name:Mr Ajay Madane
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sucheta Ajay Madane, Mr. Pratik Ajay Madane
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a prime area of Borivali, Mumbai, with a good size and symbolic possession. The reserve price is reasonable for the location and size. This is a strong buy recommendation for potential investors looking for residential properties in Mumbai.
Contact Details
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mr. Man Mohan Murmu
Contact no:9552808185
