Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611603
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹31,05,000
EMD:₹3,10,500
Auction Time:11.00 am to 3.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a residential flat located in Bhiwandi, Thane, Maharashtra, being auctioned by the Bank of Maharashtra. The property is part of a SARFAESI auction and represents a valuable opportunity for prospective buyers in the Thane region.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:Gala No 1, Shree Arihant Compound, Gala No 1 1st Floor, Grampanchayat House No 1116 Building no D 5 in Shree Arihant Compound, Reti Bunder Road, Kalher, Bhiwandi Thane 421302, Kalher, Bhiwandi
Building/Society:Shree Arihant Compound
Size:2432.81 Sq. Ft.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Bhiwandi, Thane. The auction will take place on 21-11-2025, starting at 11:00 AM and concluding at 03:00 PM. The reserve price for this auction is INR 31,05,000, with an Earnest Money Deposit (EMD) of INR 3,10,500 required to participate.
Borrower Name:M/s Kochar Fabric
Auction Type:SARFAESI Auction
Guarantor Names:Mrs Mamta Dineshkumar Kochar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Bhiwandi, offered at a reserve price of ₹3105000.0. While the location may not be prime, the physical possession status and the relatively affordable price point make it a calculated opportunity for investors or end-users familiar with the area.
Contact Details
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mr. Man Mohan Murmu
Contact no:9552808185
