Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614369
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹21,35,000
EMD:₹2,13,500
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:23-12-2025 05:00 PM
Bid Start Date:2025-12-16
Property Description
This is a residential flat located in Ambarnath, Thane, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. It presents a valuable opportunity for potential buyers in the Thane region.
State:Maharashtra
City:Thane
Area:Ambarnath
Asset Category:Residential
Full Address:101, Tulsi Sharnam, Flat no. 101, 1st floor, Building no. A1 known as Tulsi Sharnam, Survey no. 128, Sector-7, Hissa no. 1 Part, Situated near Aarvik Kirana Store, Village-Chikhloli, Ambernath West, Thane-421501, Chikhloli, Thane
Building/Society:Tulsi Sharnam
Size:336 sq. ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Ambarnath, Thane. The auction will take place on December 24, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price for this auction is ₹21,35,000, with an Earnest Money Deposit (EMD) of ₹2,13,500 required to participate.
Borrower Name:Prachi Gopinath Gangurde
Auction Type:SARFAESI Auction
Guarantor Names:Gopinath Dadu Gangurde
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers decent potential due to its location in Ambarnath and the relatively affordable reserve price. However, the smaller size and symbolic possession present some limitations. A calculated approach is recommended, carefully considering the market value and potential for future appreciation.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:8328932491
