Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609661
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹36,94,000
EMD:₹3,69,400
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
Bank of India presents a residential flat for auction in the well-connected area of Kolbad, Thane, Maharashtra. This property, previously owned by Laxman Surendra Raut, offers an excellent opportunity for homeownership or investment in a prime location. The flat is situated in a developed neighborhood with proximity to essential amenities and transport links. This is a SARFAESI auction.
State:Maharashtra
City:Thane
Area:Kolbad
Asset Category:Residential
Full Address:304, Rajeshree Deep C.H.S. Ltd., Flat no. 304, 3rd floor, Rajeshree Deep C.H.S. Ltd., Survey no. 14, Hissa no. 10B, Near Sachin Industries, Village Panchpakhadi, Kolbad Road, Thane (West), Thane 400601, Kolbad, Thane
Building/Society:Rajeshree Deep C.H.S. Ltd.
Size:450 Sq. Ft.
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat located in Kolbad, Thane, Maharashtra. The bidding starts with a reserve price of INR 36,94,000. An Earnest Money Deposit (EMD) of INR 3,69,400 is required to participate. The auction will be held on December 9, 2025, commencing at 11:00 AM and concluding at 05:00 PM. Interested bidders are encouraged to review all auction terms and conditions before participating.
Borrower Name:Laxman Surendra Raut
Auction Type:SARFAESI Auction
Guarantor Names:Urmila Laxman Raut
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area of Thane. The reserve price seems reasonable for the size and location, though symbolic possession adds a layer of complexity. A calculated approach is recommended, considering the overall market trends and potential for appreciation.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:9909938169
