Flat for auction Mamdapur Neral Thane 20 lakh Axis Bank

Property for Auction in Neral., Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
423 sq. ft.
Reserve Price
20,32,095
Reserve Price
20,32,095
EMD Required
2,03,209
Property Specifications
Society/BuildingKRISHNA PLAZA
Size423 sq. ft.
Unit No.101
Floor1st Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Neral., Thane
Auction Date IconAuction Date:
11-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611090

Bank Name:Axis Bank

Branch Name:Branch Office :Ahmedabad

Reserve Price:20,32,095

EMD:2,03,209

Auction Time:11 to 12 Pm

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-10

Bid Start Date:2025-11-11

Property Description

This is a residential flat located in Neral, Thane, Maharashtra. The property is being auctioned by Axis Bank under the SARFAESI Act. It offers an opportunity to acquire a home in a developing area. Ideal for individuals or families looking for a property in the Thane district.

State:Maharashtra

City:Thane

Area:Neral.

Asset Category:Residential

Full Address:101, KRISHNA PLAZA, KRISHNA PLAZA, FLAT NO.101,1ST FLOOR, MAMDAPUR NERAL (EAST). 413737, Mamdapur Neral, Thane

Building/Society:KRISHNA PLAZA

Size:423 sq. ft.

Auction Description

Axis Bank is conducting a SARFAESI auction for a residential flat in Neral, Thane, Maharashtra. The auction will take place on November 11, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹20,32,095, with an Earnest Money Deposit (EMD) of ₹2,03,209. This is a single-day auction event for the property formerly owned by ASLAM BISMILLAH SHAIKH.

Borrower Name:ASLAM BISMILLAH SHAIKH

Auction Type:SARFAESI Auction

Guarantor Names:MRS. YASMIN ASLAM SHAIKH

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

This property offers a decent opportunity for investment in a developing area. The reserve price appears reasonable, and while the property is relatively small, its location in Neral, near Mumbai, adds to its appeal. It's advisable to conduct a thorough due diligence before bidding.

Contact Details

Branch:Branch Office : Branch Office :Ahmedabad

Service Provider:bankeauctions.com / C1 India

Contact Details:

Hareesh Gowda/ Ashish Kamble

Contact no:9594597555/919773366257

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