Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614626
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹74,00,000
EMD:₹74,000
Auction Time:03:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 12:00 PM
Bid Start Date:2025-04-12
Property Description
This is a residential flat located in Dhasai, Thane, Maharashtra, offered for auction by Asset Reconstruction Company (India) Ltd. (Arcil). The property is being sold under the SARFAESI Act. It presents an opportunity to acquire a flat in the Thane region.
State:Maharashtra
City:Thane
Area:Dhasai
Asset Category:Residential
Full Address:404, Karma Residency, Flat No.404, 4th Floor, Building No.57 Known As 'Aarju', 'B' Wing, Sector-03, Karma Residency, Kinhavali Road, Dhasai Village, Shahapur, Dist-Thane., Dhasai, Thane
Building/Society:Karma Residency
Size:452.24 Sq Ft
Auction Description
Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a residential flat in Dhasai, Thane. The auction will take place on December 4, 2025, from 3:00 PM to 5:00 PM. The reserve price for this auction is ₹7,40,000, with an Earnest Money Deposit (EMD) of ₹74,000 required. This auction provides a chance to bid on a property in Maharashtra.
Borrower Name:AMIT SHANTILAL PANCHAL
Auction Type:SARFAESI Auction
Guarantor Names:SHANTILAL MULCHAND PANCHAL, ALIAS SHANTILAL MOOLCHANDBHAI PANCHAL
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property presents a calculated opportunity due to its size and location in Dhasai, Thane. The reserve price is reasonable, but potential buyers should assess the locality and property condition. Auction terms appear standard, warranting a closer evaluation of the investment potential.
Contact Details
Branch:Branch Office : Dadar West, Mumbai
Service Provider:Public Auction
Contact Details:
Rama Chandra Sur
Contact no:8655270047
