Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614627
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹10,20,000
EMD:₹1,02,000
Auction Time:02:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:05-12-2025 11:30 AM
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Thane, Maharashtra, being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) under SARFAESI provisions. The property is situated in the Thane area and is offered with a reserve price of ₹10,20,000. The earnest money deposit (EMD) required is ₹1,02,000. This presents an opportunity to acquire a residential asset in a well-known locality.
State:Maharashtra
City:Thane
Area:Thane
Asset Category:Residential
Full Address:1, Juhi Apartment Chsl, Flat No 1 Ground Floor B Wing, Juhi Apartment Chsl, Pada Road, Sy.No. 179, Hissa No. 1/17, Manvelpada, Thane, Maharashtra, Manvelpada, Thane
Building/Society:Juhi Apartment Chsl
Size:300 SQ. FT.
Auction Description
Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a residential flat in Thane, Maharashtra. The auction will take place on December 5, 2025, with bidding starting at 02:30 PM and closing at 05:00 PM on the same day. The reserve price for this property is ₹10,20,000, and the EMD is ₹1,02,000. This is a prime opportunity for interested buyers to participate in the online auction and bid for the property.
Borrower Name:PRASHANT BHAU PATIL
Auction Type:SARFAESI Auction
Guarantor Names:NITESH BHAU PATIL
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property presents a reasonable opportunity given its location in Thane and affordable reserve price. However, its smaller size and auction terms require careful consideration of investment potential and associated risks before bidding.
Contact Details
Branch:Branch Office : Dadar West, Mumbai
Service Provider:Public Auction
Contact Details:
Rama Chandra Sur
Contact no:8655270047
