Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613172
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹22,50,000
EMD:₹2,25,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 04.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
A residential flat located in Khalapur, Raigad, Maharashtra. This property is being auctioned by Indian Bank under SARFAESI regulations. It presents a valuable opportunity for prospective buyers in the region. The flat is categorized under residential assets.
State:Maharashtra
City:Raigad
Area:Khalapur
Asset Category:Residential
Full Address:608, Leena paradise, Leena paradise, Village Chinchavali Shekin, Opp. Lowjee Railway Station, Khopoli, Taluka Khalapur, District Raigad-410203, Khopoli, Raigad
Building/Society:Leena paradise
Size:371 sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Khalapur, Raigad, Maharashtra. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this auction is ₹22,50,000, with an Earnest Money Deposit (EMD) of ₹2,25,000 required. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Mrs Pranjali Bhalchandra Shinde
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a residential flat in Khalapur, Raigad, offered at a reasonable reserve price. While the location is not a major metropolitan area, the price point and clear possession status make it a calculated opportunity for investors or end-users seeking affordable housing. However, the limited size may restrict its appeal to larger families.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Kalpana Purohit
Contact no:9819807371
