Flat for auction Mira Road (East) Thane 81 lakh Encore ARC Pvt Ltd

Property for Auction in PENKARPADA, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
609 sq. ft
Reserve Price
81,00,000
Reserve Price
81,00,000
EMD Required
8,10,000
Property Specifications
Society/BuildingPoonam Estate Cluster III Co-Operative Housing Soc Ltd
Size609 sq. ft
Unit No.1603
Floor16th
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
PENKARPADA, Thane
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612734

Bank Name:Encore ARC Pvt Ltd

Branch Name:Corporate Office - Gurugram

Reserve Price:81,00,000

EMD:8,10,000

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-25

Bid Start Date:2025-11-26

Property Description

This is a residential flat located in PENKARPADA, Thane, Maharashtra, offered by Encore ARC Pvt Ltd. The property is part of a SARFAESI auction, with a borrower name of M/s. JP Agro Services. It presents an opportunity for ownership in a developing area of Thane.

State:Maharashtra

City:Thane

Area:PENKARPADA

Asset Category:Residential

Full Address:1603, Poonam Estate Cluster III Co-Operative Housing Soc Ltd, Flat No. 1603, 16th floor of B Wing in type F in Building 3 in Poonam Estate Cluster III Co-Operative Housing Soc Ltd situated at opp Surya Shopping Center, Shrishti, Mira Road (East), Thane-401107, Mira Road (East), Thane

Building/Society:Poonam Estate Cluster III Co-Operative Housing Soc Ltd

Size:609 sq. ft

Auction Description

Encore ARC Pvt Ltd presents a SARFAESI auction for a residential flat in PENKARPADA, Thane. The auction has a reserve price of INR 81,00,000 and an Earnest Money Deposit (EMD) of INR 8,10,000. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 01:00 PM. Interested bidders should review all auction terms and conditions.

Borrower Name:M/s. JP Agro Services

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Jignesh Jitendra Panchal, Mrs. Pooja Jitendra Panchal

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in Mira Road, Thane, offered at a reserve price of ₹8100000. While the location is decent, the auction terms and encumbrance status (Not Known to Bank) require careful evaluation before investment. It's a calculated opportunity best suited for informed buyers.

Contact Details

Branch:Branch Office : Corporate Office - Gurugram

Service Provider:Public Auction

Contact Details:

Dharmendra Maurya

Contact no:9930171113

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