Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609657
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹25,69,000
EMD:₹2,56,900
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in DRONAGIRI, Navi Mumbai, Maharashtra. The property is being auctioned by the Bank of India under SARFAESI Act. It presents a good opportunity for investment in a developing area of Navi Mumbai.
State:Maharashtra
City:Navi Mumbai
Area:DRONAGIRI,
Asset Category:Residential
Full Address:201, Malhar CHSL, Flat no. 201, 2nd floor, Building no. L01, CIDCO Mass Housing Scheme (LIG), Sector-12, Near JNPT Township, Dronagiri, Navi Mumbai, Taluka-Uran, District-Raigad-400707, Dronagiri, Navi Mumbai
Building/Society:Malhar CHSL
Size:321 Sq. Ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in DRONAGIRI, Navi Mumbai. The auction will take place on December 9, 2025, starting at 11:00 AM and ending at 5:00 PM. The reserve price for this property is ₹25,69,000, with an EMD of ₹2,56,900 required to participate. This is a sealed bid auction.
Borrower Name:Bharat Jagannath Deshmukh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property represents a calculated opportunity due to its location in Dronagiri, Navi Mumbai, and relatively affordable reserve price. The smaller size (321 sq ft) may limit its appeal, but the location and price point offer potential for appreciation. Symbolic possession suggests further due diligence is needed.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no: —
