Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609655
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹28,05,000
EMD:₹2,80,500
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-07
Property Description
This is a residential flat located in Bhiwandi, Thane, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. It presents a valuable opportunity for prospective buyers in the Thane region.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:103, Adarsh Park 'AB' CHSL, Flat no. 103, First floor, A-1 Wing, Adarsh Park 'AB' CHSL, near Nana Nani Park, Adarsh Park Road, Kasar Alley, Bhiwandi, District Thane-421302, Kasar Alley, Bhiwandi
Building/Society:Adarsh Park 'AB' CHSL
Size:471 sq. ft.
Auction Description
Bank of India is conducting a SARFAESI auction for a residential flat in Bhiwandi, Thane, Maharashtra. The auction is scheduled to take place on November 11, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is INR 28,05,000, with an Earnest Money Deposit (EMD) of INR 2,80,500 required. Don't miss this chance to bid on this property.
Borrower Name:dra Ramlu
Auction Type:SARFAESI Auction
Guarantor Names:Bhagyalaxmi Ramchandra Salva
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area with symbolic possession, indicating potential legal processes. The moderate reserve price and location offer a balanced risk-reward profile. Suitable for investors familiar with property auctions and local market conditions.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:8793614055
