Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611911
Bank Name:State Bank of India
Branch Name:Thane
Reserve Price:₹1,75,40,000
EMD:₹17,54,000
Bid Increment:₹50,000
Auction Time:12:00 PM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:2025-11-18
Property Description
A residential flat located in Nerul, Navi Mumbai, Maharashtra. This property is being auctioned by the State Bank of India under the SARFAESI Act. It is an excellent opportunity to acquire a home in a well-connected area of Navi Mumbai.
State:Maharashtra
City:Navi Mumbai
Area:Nerul
Asset Category:Residential
Full Address:702, Sea Queen Excellency, Nerul West, Navi Mumbai-400706, Nerul, Navi Mumbai
Building/Society:Sea Queen Excellency
Size:741 Sq Ft
Auction Description
The State Bank of India is conducting an online SARFAESI auction for a residential flat in Nerul, Navi Mumbai. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at ₹1,75,40,000, with an Earnest Money Deposit (EMD) of ₹17,54,000. This is a prime opportunity for prospective buyers.
Borrower Name:Mr Bhaghban Gantal Sahu
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a well-known locality of Navi Mumbai with a reasonable reserve price. The location and property type make it a good investment opportunity. The auction terms are standard, and property inspections are available, making it a 'Strong Buy'.
Contact Details
Branch:Branch Office : Thane
Service Provider:BAANKNET
Contact Details:
Sunny Agarwal
Contact no:8269901247
