Flat for auction Narayangaon Thane 20 lakh Bank of Maharashtra

Property for Auction in Murbad, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 5.8
Possession
Constructive
Reserve Price
20,19,000
Reserve Price
20,19,000
EMD Required
2,20,000
Property Specifications
Society/BuildingShiv Shahi Complex
Unit No.502
Floor5th Floor
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Murbad, Thane
Auction Date IconAuction Date:
14-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 5.8

Auction ID:612044

Bank Name:Bank of Maharashtra

Branch Name:MUMBAI NORTH ZONAL OFFICE

Reserve Price:20,19,000

EMD:2,20,000

Auction Time:11:00 a.m. to 3:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-13

Bid Start Date:2025-11-14

Property Description

This is a residential flat located in Murbad, Thane, Maharashtra. The property is being auctioned by the Bank of Maharashtra.

State:Maharashtra

City:Thane

Area:Murbad

Asset Category:Residential

Full Address:502, Shiv Shahi Complex, Flat No. 502, 5th Floor, C Wing, Shiv Shahi Complex, Ahmednagar Kalyan Road, Village Narayangaon, Tal-Murbad, Dist Thane 421401., Narayangaon, Thane

Building/Society:Shiv Shahi Complex

Auction Description

This is a SARFAESI auction conducted by the Bank of Maharashtra for a residential flat in Murbad, Thane. The reserve price is INR 20,19,000 and the EMD is INR 2,20,000. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM.

Borrower Name:Sohail Qureshi Gulzar

Auction Type:SARFAESI Auction

Guarantor Names:Sohail Qureshi

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known to Bank

Why This Property

The flat in Murbad, Thane, presents a calculated opportunity due to its affordable reserve price and location. While the area might be slightly remote, the price point makes it attractive for budget-conscious buyers. Further due diligence regarding local market trends and growth potential is advisable before bidding.

Contact Details

Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE

Service Provider:BAANKNET

Contact Details:

Suman Kumar Jha

Contact no:8530253773

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