Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610909
Bank Name:Bank of Baroda
Branch Name:Mumbai Metro North Region
Reserve Price:₹48,08,000
EMD:₹4,80,800
Bid Increment:₹25,000
Auction Time:14:00 To 18:00
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
Bank of Baroda presents a SARFAESI auction for a residential flat in Palghar, Maharashtra. This property, owned by Mr. Aslam Razak Maniyar, is located in the heart of Palghar city. Ideal for individuals or families seeking a home in a well-connected area. Don't miss this opportunity to own a property in Palghar.
State:Maharashtra
City:Palghar
Area:Palghar
Asset Category:Residential
Full Address:5 & 6, Shrushti Shobha CHSL, Flat No. 5 & 6, 1st Floor, A Wing, Shrushti Shobha CHSL, Behind Joshi Wada, Temboda Road, Palghar 401404, Palghar, Palghar
Building/Society:Shrushti Shobha CHSL
Size:1187 Sq. FT.
Auction Description
Participate in the Bank of Baroda's SARFAESI auction for a residential flat in Palghar, Maharashtra. The auction starts on December 9, 2025, at 02:00 PM and concludes at 06:00 PM on the same day. The reserve price is INR 48,08,000, with an Earnest Money Deposit (EMD) of INR 4,80,800. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:Mr Aslam Razak Maniyar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Muskan Aslam Maniyar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Palghar presents a calculated opportunity due to its manageable size and reasonable reserve price. While the location is developing, the flat offers potential for rental income or future appreciation. Symbolic possession adds a layer of complexity, but the relatively low entry cost makes it worth considering for investors seeking affordable options.
Contact Details
Branch:Branch Office : Mumbai Metro North Region
Service Provider:BAANKNET
Contact Details:
Contact no:8228958587
