Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610508
Bank Name:Indian Overseas Bank
Branch Name:Breach Candy Branch
Reserve Price:₹22,08,000
EMD:₹2,20,800
Bid Increment:₹10,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-15
Property Description
A residential flat located in Dawale, Thane, Maharashtra. This property is being auctioned by Indian Overseas Bank under the SARFAESI Act. The flat is an ideal opportunity for home buyers or investors in a well-connected area of Thane.
State:Maharashtra
City:Thane
Area:Dawale
Asset Category:Residential
Full Address:101, BLOSSOM, SAI KANISHK, Sheel Phata, Village-Dawale, Taluka and District- Thane-400612, Dawale, Thane
Building/Society:BLOSSOM, SAI KANISHK
Size:660 sq.ft.
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Dawale, Thane. The auction will take place on November 15, 2025, from 11:00 AM to 03:00 PM. The reserve price is INR 22,08,000, with an Earnest Money Deposit (EMD) of INR 2,20,800. This is a prime opportunity to acquire property in Thane.
Borrower Name:Mrs. POONAM DEVIPRAKASH TIWARI
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment opportunity in a developing Thane locality. The reserve price is reasonable, but potential buyers should thoroughly assess the area's growth potential and factor in auction terms. This is a 'Calculated Opportunity' best suited for investors willing to conduct due diligence.
Contact Details
Branch:Branch Office : Breach Candy Branch
Service Provider:BAANKNET
Contact Details:
Mr. Nayan Kharatmal
Contact no:8925950222
