Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612048
Bank Name:Bank of Maharashtra
Branch Name:MUMBAI NORTH ZONAL OFFICE
Reserve Price:₹10,12,000
EMD:₹1,01,000
Auction Time:11:00 a.m. to 3:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Vasai, Palghar, Maharashtra. The property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. It offers a potential opportunity for homeownership or investment in the Vasai region.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:102, Mother Velankani Apartment, Village Gokhiware, Taluka Vasai, Dist. Palghar, Gokhiware, Vasai
Building/Society:Mother Velankani Apartment
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Vasai, Palghar. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM. The reserve price is INR 10,12,000, with an Earnest Money Deposit (EMD) of INR 1,01,000. This is a unique chance to acquire a property through a bank auction process.
Borrower Name:Pareen Arvind Visariya
Auction Type:SARFAESI Auction
Guarantor Names:Pareen Arvind Visariya
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The property is a relatively affordable residential flat in Vasai, offering potential for first-time buyers or investors. However, the lack of detailed size information and the 'Not Known' encumbrance status warrant cautious assessment. It's a calculated opportunity, contingent on further due diligence and inspection.
Contact Details
Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Suman Kumar Jha
Contact no:8530253773
