Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612077
Bank Name:ASREC (India) Ltd.
Branch Name:Andheri (East), Mumbai
Reserve Price:₹30,00,000
EMD:₹3,00,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This is a residential flat located in Malvan, Sindhudurg, Maharashtra. The property is being auctioned by ASREC (India) Ltd. under the SARFAESI Act. This is a great opportunity to acquire a property in the coastal region of Maharashtra.
State:Maharashtra
City:Sindhudurg
Area:Malvan
Asset Category:Residential
Full Address:407, Coral Residency, Near Sai Temple, Dr.Nandu Vaze Road, Dhuriwada Village, Taluka Malwan, District Sindhudurg-416 606, Dhuriwada Village, Malvan
Building/Society:Coral Residency
Size:552 sq.ft.
Auction Description
ASREC (India) Ltd. presents a SARFAESI auction for a residential flat in Malvan, Sindhudurg, Maharashtra. The auction will be held on December 9, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is INR 3,000,000, with an Earnest Money Deposit (EMD) of INR 300,000 required to participate. This auction provides a chance to bid on a property previously owned by Mrs. Nilima Rameshwar Sambhari.
Borrower Name:Mrs. Nilima Rameshwar Sambhari
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rameshwara Sarvadaman Sambari
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a residential flat in Malvan, a relatively calm area. The reserve price is moderate, presenting a calculated investment opportunity for those seeking property in a less crowded location. However, potential investors should carefully assess the location's market dynamics.
Contact Details
Branch:Branch Office : Andheri (East), Mumbai
Service Provider:Public Auction
Contact Details:
Mr. I N Biswas
Contact no:9163621311
