Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613019
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,06,00,000
EMD:₹10,60,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A residential flat located in Goregaon, Mumbai, Maharashtra. This property is being auctioned by the Bank of India. Ideal for individuals or families looking to own a home in a prime Mumbai locality.
State:Maharashtra
City:Mumbai
Area:Goregaon
Asset Category:Residential
Full Address:203, Raj Residency, Flat No. 203, 2nd Floor, B-Wing, Raj Residency, New Hanuman Road, Goregaon West, Mumbai-400104, Goregaon West, Mumbai
Building/Society:Raj Residency
Size:670 sq. ft.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Goregaon, Mumbai. The reserve price is ₹10,600,000, with an EMD of ₹1,060,000. The auction will take place on 25th November 2025, starting at 11:00 AM and concluding at 5:00 PM. Don't miss this opportunity to bid on a property in a sought-after area.
Borrower Name:Mr. Nitin Omprakash Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a decent locality of Mumbai (Goregaon), offered at a reasonable reserve price. The symbolic possession status adds a slight risk, but the location and property type make it a potentially strong investment. The clear auction terms and Bank of India's involvement further support a positive recommendation.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9920112532
