Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611117
Bank Name:Canara Bank
Branch Name:ARM BRANCH MUMBAI
Reserve Price:₹34,65,378
EMD:₹3,46,537
Auction Time:11.00.AM to 12.00 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a residential flat located in Ambarnath, Thane, Maharashtra. The property is being auctioned by Canara Bank under SARFAESI rules. It is an excellent opportunity to acquire a property in a well-established area. The flat offers comfortable living space and is suitable for individuals or families. Its location in Thane provides access to various amenities and transportation links.
State:Maharashtra
City:Thane
Area:Ambarnath
Asset Category:Residential
Full Address:304, Karma Gardens, Flat No.304,3rd Floor, B Wing, Building No.2, Area Admeasuring 579.64 Sq.ft Carpet Area,Known As "Sadabahar "In The Project 2,Building Known As "Karma Gardens ",As Lying & Situated At Piece And Parcel Of Land Bearing (1) Survey No.139, Area 1-012(H-R-P) (2) Survey No.140/7, Area Admeasuring 1-38-0(H-R-P)(3)Survey No.151/1, Area 1.-48-0(H-R-P) (4) Survey No.151/6, Area Admeasuring 1-27-0(H-R-P)5) Survey No.139/2,140/70 And 151/1/A,Area Admeasuring 16679 Sqmtrs..6) Survey: No.139/2 And 151/1A Area Admeasuring. 12079 Sq Mtrs Along With Tdr Area Admeasuring 8213.72 Sq Mtrs.7)Survey No.140/7c Area Admeasuring 4600sq Mtrs Along With The Tor Area Admeasuring 1353.92sq. Mtrs, Village-Chikhloli, Taluka -Ambarnath, District -Thane. Boundaries (Actual): East - Garden, West - By Bungalow, North - Krishna Kamal, South-Road., Chikhloli, Thane
Building/Society:Karma Gardens
Size:579.64 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Ambarnath, Thane. The auction will take place on December 12, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this property is ₹34,65,378, with an Earnest Money Deposit (EMD) of ₹3,46,537 required to participate. This is a prime opportunity for prospective buyers to bid on a bank-auctioned property. All interested parties are encouraged to review the auction terms and conditions.
Borrower Name:Mr. Bhalchandra Vaman Lad
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bhavana Bhalchandra Lad
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area of Thane, offered at a reasonable reserve price. While the location is not prime, the price point and potential for future appreciation make it a calculated opportunity. Investors should assess local market trends carefully before bidding.
Contact Details
Branch:Branch Office : ARM BRANCH MUMBAI
Service Provider:BAANKNET
Contact Details:
Sudarshan Joshi
Contact no:8655948054
