Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614669
Bank Name:Axis Bank
Branch Name:Registered Office : Ahmedabad
Reserve Price:₹15,93,600
EMD:₹1,59,360
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
Axis Bank presents a compelling opportunity to acquire a residential flat in Mahim, Palghar, Maharashtra. This SARFAESI auction property, previously belonging to borrower SUNIL EKNATH KOLI, offers a chance to own a home in a developing area. Ideal for individuals or families seeking an affordable housing solution, this flat represents a sound investment in the real estate market of Palghar.
State:Maharashtra
City:Palghar
Area:Mahim,
Asset Category:Residential
Full Address:104, Paramount Enclave, Flat No 104 1st Floor, 3/B Wing Paramount Enclave 3 A VILLAGE Mahim Road Palghar Thane 401404, Mahim, Palghar
Building/Society:Paramount Enclave
Size:29.63 SQUARE METERES
Auction Description
This is a SARFAESI auction conducted by Axis Bank for a residential flat located in Mahim, Palghar, Maharashtra. The auction commences on 28-11-2025 at 11:00 AM and concludes at 12:00 PM on the same day. The reserve price is set at ₹15,93,600 with an Earnest Money Deposit (EMD) of ₹1,59,360. Interested bidders are advised to review all auction terms and conditions before participating.
Borrower Name:SUNIL EKNATH KOLI
Auction Type:SARFAESI Auction
Guarantor Names:BHAGYASHREE SUNIL KOLI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area. The reserve price seems reasonable, but potential buyers should carefully assess the location and growth prospects before bidding. It presents a calculated risk with moderate potential returns.
Contact Details
Branch:Branch Office : Registered Office : Ahmedabad
Service Provider:Public Auction
Contact Details:
Punit Kadam/ Hareesh Gowda
Contact no:918104743145
