Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613810
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹14,00,000
EMD:₹1,40,000
Auction Time:11:30 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Nilemore, Palghar, Maharashtra. It is being auctioned by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act. The property offers a great opportunity for buyers looking for a home in a developing area.
State:Maharashtra
City:Palghar
Area:Nilemore
Asset Category:Residential
Full Address:301, Dreams Nirman, Flat No 301, 3rd Floor, B Wing, Bldg No2 Dreams Nirman, Virar Link Road, Nilemore Near Nakoda Height, Nallasopara West, Maharashtra, 401203, Nilemore, Palghar
Building/Society:Dreams Nirman
Auction Description
Edelweiss Asset Reconstruction Company Limited is conducting a SARFAESI auction for a residential flat in Nilemore, Palghar, Maharashtra. The auction will take place on November 20, 2025, from 11:30 AM to 01:30 PM. The reserve price for this property is INR 14,00,000, with an Earnest Money Deposit (EMD) of INR 1,40,000. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Narnaram D Choudhary
Auction Type:SARFAESI Auction
Guarantor Names:Konudevi N Choudhary
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Nilemore, Palghar, offered at a relatively modest reserve price. While the location may not be prime, the auction terms are standard, presenting a calculated opportunity for interested buyers. Given previous failed auction attempts, there might be room for negotiation or a chance to acquire the property at a favorable price.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
