Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611116
Bank Name:Canara Bank
Branch Name:ARM BRANCH MUMBAI
Reserve Price:₹23,25,600
EMD:₹2,32,560
Auction Time:11:00 AM to 12:00 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a residential flat located in Bhiwandi, Thane, Maharashtra. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity to acquire a home in a developed area.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:6, Shareef Apartment, Flat No. 6, 1st Floor, Wing A, Shareef Apartment, Municipal House No. 1192, 4th Nizampura, Nizampur, Bhiwandi
Building/Society:Shareef Apartment
Size:587.39 sq. ft.
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential flat in Bhiwandi, Thane, Maharashtra. The auction will take place on December 12, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹23,25,600, with an EMD of ₹2,32,560. This is a valuable opportunity for prospective buyers.
Borrower Name:Mrs. Bhagyashree Mahendra Kale
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in Bhiwandi, Thane, being offered at auction with symbolic possession. While the location has potential, the auction terms require careful consideration, suggesting a calculated approach. The reserve price should be assessed against comparable market values to determine investment suitability.
Contact Details
Branch:Branch Office : ARM BRANCH MUMBAI
Service Provider:BAANKNET
Contact Details:
Sudarshan Joshi
Contact no:8655948054
