Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611115
Bank Name:Canara Bank
Branch Name:ARM BRANCH MUMBAI
Reserve Price:₹10,43,100
EMD:₹1,04,310
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, being auctioned by Canara Bank. The property is part of a SARFAESI auction, offering an opportunity to acquire a flat in a key area of Thane district. Ideal for individuals or families looking for a home in a developing region with potential for future growth.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:Flat No. 5, Shareef Apartment, Municipal House No. 1192, 4th Nizampura, Village Nizampur, Taluka Bhiwandi, District Thane, Nizampura, Bhiwandi
Building/Society:Shareef Apartment
Size:24.47 Sq. Mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Bhiwandi, Thane, Maharashtra. The auction has a reserve price of ₹10,43,100 and requires an EMD of ₹1,04,310. The auction will take place on December 12, 2025, starting at 11:00 AM and concluding at 12:00 PM. This is a prime opportunity to bid on a property directly from the bank.
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, a flat in Bhiwandi, Maharashtra, is offered at a reasonable reserve price. The location is decent, and the price aligns with market rates. However, symbolic possession impacts immediate usability, suggesting 'Calculated Opportunity' as the recommendation.
Contact Details
Branch:Branch Office : ARM BRANCH MUMBAI
Service Provider:BAANKNET
Contact Details:
Sudarshan Joshi
Contact no:8655948054
