Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610962
Bank Name:Bombay Mercantile Co-operative Bank Limited
Branch Name:Mumbai
Reserve Price:₹15,00,000
EMD:₹1,50,000
Auction Time:4.p.m.
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
A residential flat located in Karjat, Raigad, Maharashtra, brought to you by Bombay Mercantile Co-operative Bank Limited. This property is part of a SARFAESI auction, offering a unique opportunity for prospective buyers. The flat is situated in a well-regarded area of Karjat, known for its scenic beauty and developing infrastructure, making it an attractive location for both investment and personal use. Details regarding the specific amenities and condition of the flat will be available during the auction process.
State:Maharashtra
City:Raigad
Area:Karjat
Asset Category:Residential
Full Address:306, Shireen Plaza, Shireen Plaza, Survey No.168, Plot No.52, village Mamdapur, Tal-Karjat, Dist-Raigad Pin-410101, Mamdapur, Karjat
Building/Society:Shireen Plaza
Size:51.58 sq. mt.
Auction Description
Bombay Mercantile Co-operative Bank Limited is conducting a SARFAESI auction for a residential flat in Karjat, Raigad, Maharashtra. The auction will take place on December 2, 2025, with bidding open from 04:00 PM to 05:00 PM. The reserve price for this property is ₹1,500,000, with an Earnest Money Deposit (EMD) of ₹150,000 required to participate. This is a prime opportunity to acquire a property in a growing region. Interested bidders are advised to review all auction terms and conditions prior to the bidding period.
Borrower Name:Mr. Mubarakali Nadir Ali
Auction Type:SARFAESI Auction
Guarantor Names:Mansoori Ali, Mr. Azad Mubarak Ali Mansoori
Legal Details
Possession Status:Physical
Encumbrance Details:with further outgoings of society statutory dues if any will be borne and paid by successful purchaser.
Why This Property
This property presents a calculated opportunity due to its location in Karjat and relatively low reserve price. While the location may not be prime, the price point and auction terms could attract investors. Further due diligence is recommended to assess potential encumbrances and market value.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Mr. Javid Patel, Mr. Riyaz Ahmed Qureshi
Contact no:9821334753/9890053961
