Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611076
Bank Name:IDBI Bank
Branch Name:Mumbai
Reserve Price:₹58,40,000
EMD:₹5,84,000
Bid Increment:₹10,000
Auction Time:11:30 AM to 4:00 PM
Service Provider:Bankeauctionwizard
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This residential property is a flat located in Kalyan, Thane, Maharashtra. It is being auctioned by IDBI Bank under the SARFAESI Act. The flat is part of a residential asset category. This is a great opportunity to acquire property in a well-known area of Thane.
State:Maharashtra
City:Thane
Area:Kalyan
Asset Category:Residential
Full Address:1501, Ruby, Yogi Dham Phase-III, Flat No. 1501, 15th Floor, Ruby, Yogi Dham Phase-III, Gauri Pada, Kalyan West, Kalyan, Thane-421301, Gauri Pada, Kalyan
Building/Society:Ruby, Yogi Dham Phase-III
Size:685 Sq. Ft
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential flat in Kalyan, Thane, Maharashtra. The auction has a reserve price of INR 58,40,000 and requires an EMD of INR 5,84,000. The auction will take place on November 21, 2025, starting at 11:30 AM and ending at 04:00 PM. This is a prime opportunity for interested buyers to participate in a bank-led auction.
Borrower Name:Mr. Hitesh Chandrakant Pankhania
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Leena Hitesh Pankhania, Mrs. Ranjana Chandrakant Pankhania
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent sized 2BHK flat in Kalyan, a developing suburb of Mumbai. While the reserve price seems reasonable, potential buyers should carefully evaluate the location and condition. It is a calculated opportunity due to its location and the bank auction sale, allowing potential for a good investment, if due diligence is done.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Bankeauctionwizard
Contact Details:
Rahul S Kulkarni
Contact no:7021954882
