Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613811
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹14,70,000
EMD:₹1,47,000
Auction Time:12:00 P.M
Service Provider:edelweiss arc
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Palghar, Thane, Maharashtra. The property is being auctioned by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act. It is an opportunity to acquire a flat in a well-known area of Thane.
State:Maharashtra
City:Thane
Area:Palghar
Asset Category:Residential
Full Address:101, sal Complex No. 5, Flat Bearing No. 101, First Floor, Building No. 5, Type-C, 'sal Complex No. 5', Village - Man, Tal. Palghar, Dist. Thane, Man, Palghar
Building/Society:sal Complex No. 5
Size:48 Sq.Mtrs
Auction Description
Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a residential flat in Palghar, Thane. The auction has a reserve price of ₹14,70,000 and an Earnest Money Deposit (EMD) of ₹1,47,000. The auction will take place on 20-11-2025, starting at 12:00 PM and concluding at 05:00 PM. This is a prime opportunity for interested buyers to participate in the bidding process for the asset previously belonging to Mr. Mohammed Ekram M.
Borrower Name:Mr. Mohammed Ekram M
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Juhi Mohammed Ekram
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Palghar presents a reasonable investment opportunity, given its location and the offered reserve price. While the property is located in a developing area, the price point makes it an accessible option for potential buyers. Further due diligence regarding local market trends is advisable.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
