Bank auction
Yes Bank Flat Auction in Bhiwandi, Thane
Bank auction by Yes Bank in Thane, Maharashtra. Reserve price ₹55.86 L.
Auction facts
- Bank
- Yes Bank
- Branch
- Mumbai
- Reserve price
- ₹55.86 L
- EMD
- ₹5.586 L
- Auction date
- 21-01-2026 11:00 AM
- End time
- 21-01-2026 02:00 PM
- Submission date
- 20-01-2026 04:00 PM
- Auction type
- SARFAESI Auction
- Service provider
- Public Auction
- Auction ID
- 651731
- Property type
- Flat
- Borrower
- Shree Balaji Fabrics
Property
- Area
- Bhiwandi
- City
- Thane
- State
- Maharashtra
Notice
- Contact
- Jadhav on 9898980177,Mr. Ram Sharma on (M) +918000023297
Bid timing & possession
Bid / application deadline: 20 Jan 2026 — Closed on 20 Jan 2026
Physical Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
Published reserve ₹55.86 L is 107% above the same locality median of ₹27.00 L (n=13 comparable live notices).
EMD calculator
- Reserve: ₹55.86 L
- EMD: ₹5.586 L (10%)
- Remaining (reserve − EMD): ₹50.274 L
Before you bid — checklist
- Valid PAN card
- KYC documents as required by the lender
- EMD payment through the lender's authorised channel
- Registration on the bank's e-auction portal
Description
This residential property is a flat situated in the Bhiwandi area of Thane, Maharashtra. Located in a growing residential and industrial hub, this asset offers significant potential for homeowners and investors seeking property in the Mumbai Metropolitan Region. The flat is being offered as part of a bank recovery process under the SARFAESI Act, previously associated with the borrower Shree Balaji Fabrics. Its location in Thane ensures access to local infrastructure, markets, and essential transport connectivity within the district.
Bid questions, from this notice
How much EMD does this notice publish?
The published Earnest Money Deposit is ₹5.586 L. Deposit it only through the lender's authorised channel after confirming the current sale notice.
What reserve price will my bid be tested against?
The lender published a reserve price of ₹55.86 L for this asset. Bids below the published reserve are not accepted in e-auctions.
When is the bid / application deadline?
The published bid / application deadline was 20 Jan 2026 — that window has closed.
When is the auction scheduled?
The auction is dated 21 Jan 2026 on the published notice. Confirm the current schedule with the lender before bidding.
What does the possession status on this notice mean?
Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
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