Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609649
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹48,63,000
EMD:₹4,86,000
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-07
Property Description
A residential flat located in Chembur, Mumbai, Maharashtra. This property is part of a SARFAESI auction initiated by the Bank of India. It presents an opportunity for potential buyers to acquire a flat in a well-known area of Mumbai. The property details and specific location within Chembur would be further elaborated in the full auction notice.
State:Maharashtra
City:Mumbai
Area:Chembur
Asset Category:Residential
Full Address:Flat no.301, B Wing Srushti Raj Tower (Under Construction), Village Kirol Tilak Nagar Chembur Mumbai 400089, Chembur, Mumbai
Building/Society:B Wing Srushti Raj Tower (Under Construction)
Size:426 Sq.ft.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Chembur, Mumbai. The auction will commence on November 11, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹48,63,000, with an Earnest Money Deposit (EMD) of ₹4,86,000 required to participate. This auction is an opportunity to bid on a property previously owned by Mr. Omprakash Ranglal Dwivedi.
Borrower Name:Mr.Ompra-kash Ranglal Dwive-di.
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Chembur, Mumbai, is offered at a reserve price of ₹4863000. While the location is promising, the under-construction status and symbolic possession suggest some risk. Therefore, it's a 'Calculated Opportunity' requiring careful due diligence.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no: —
