Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609652
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹52,50,000
EMD:₹5,20,000
Bid Increment:₹25,000
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-11
Property Description
This is a residential flat located on Ghodbunder Road, Thane, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. It represents an opportunity to acquire a flat in a prominent area of Thane.
State:Maharashtra
City:Thane
Area:Ghodbunder Road,
Asset Category:Residential
Full Address:1103, Mitir Chs Ltd Puranik Rumah Bali Complex, Bhyander Pada Ghodbunder road, Thane (West) 400615, Ghodbunder Road, Thane
Building/Society:Mitir Chs Ltd Puranik Rumah Bali Complex
Size:44 Sq.Mt
Auction Description
Bank of India is conducting a SARFAESI auction for a residential flat on Ghodbunder Road, Thane, Maharashtra. The auction will commence on November 11, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is ₹52,50,000, with an Earnest Money Deposit (EMD) of ₹5,20,000 required to participate.
Borrower Name:Mr Siddhesh Prakash Pilwalkar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs Megha Mahendra Sonawane
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The flat offers a decent opportunity given its location in Thane and moderate size. The reserve price seems reasonable, but potential buyers should assess the building's condition and nearby amenities. Symbolic possession warrants further investigation into the legal aspects.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:8861604742
