Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610509
Bank Name:Indian Overseas Bank
Branch Name:Breach Candy Branch
Reserve Price:₹19,50,300
EMD:₹1,95,030
Bid Increment:₹10,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-15
Property Description
This is a residential flat located in Vasai, Palghar, Maharashtra. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. This is a great opportunity to own a property in a developing area. The flat is suitable for individuals or families looking for a home in a well-connected locality.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:103, Shiv Darshan Nirmala CHS Limited, Flat No 103, First Floor, B-Wing, Complex known as Shiv Darshan Nirmala CHS Limited, Land bearing Survey No 67(19) Hissa No. 15 & 16, Opp Saraswat Bank & Near Jal Vijay Garden Complex, Nallasopara Vasai Link Road, Nallasopara (East), Village-Achole, Taluka-Vasai, District-Palghar, Maharashtra PIN-401209, Nallasopara (East), Vasai
Building/Society:Shiv Darshan Nirmala CHS Limited
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential flat in Vasai, Palghar, Maharashtra. The auction has a reserve price of ₹19,50,300 and requires an EMD of ₹1,95,030. The auction will take place on November 15, 2025, starting at 11:00 AM and closing at 03:00 PM. This is a public auction, and interested parties are encouraged to participate.
Borrower Name:Delve Corporation
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Vasai, presents a calculated opportunity due to its location and moderate reserve price. The 'Symbolic' possession status and the auction terms should be carefully considered. While not a prime investment, it holds potential for buyers familiar with the local market.
Contact Details
Branch:Branch Office : Breach Candy Branch
Service Provider:BAANKNET
Contact Details:
Mr. Nayan Kharatmal
Contact no:8925950222
