Flat for auction Sagarli Thane 30 lakh ICICI Bank

Property for Auction in Sagarli, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
550 Sq.ft.
Reserve Price
30,00,000
Reserve Price
30,00,000
EMD Required
3,00,000
Property Specifications
Society/BuildingRiverwood Park
Size550 Sq.ft.
Unit No.701
Floor7th Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Sagarli, Thane
Auction Date IconAuction Date:
03-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610505

Bank Name:ICICI Bank

Branch Name:Branch Office : Mumbai

Reserve Price:30,00,000

EMD:3,00,000

Auction Time:11:00 AM Onward

Service Provider:disposalhub.com

Important Dates

Submission Date:2025-12-02

Bid Start Date:2025-12-03

Property Description

This is a residential flat located in Sagarli, Thane, Maharashtra. The property is being auctioned by ICICI Bank under the SARFAESI Act. It presents a valuable opportunity for home buyers or investors in a well-connected urban area. The flat is part of a residential complex, offering the potential for comfortable living. Its location in Thane provides access to essential amenities and infrastructure. This auction is a chance to acquire a property through a transparent banking process.

State:Maharashtra

City:Thane

Area:Sagarli

Asset Category:Residential

Full Address:701, Riverwood Park, Flat No 701, 7th Floor, Building No-12 Riverwood Park, Vill- Sagarli, Taluka And District-Thane Maharashtra, Thane, Sagarli, Thane

Building/Society:Riverwood Park

Size:550 Sq.ft.

Auction Description

ICICI Bank is conducting a SARFAESI auction for a residential flat in Sagarli, Thane, Maharashtra. The auction will take place on December 3, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required to participate. This is a public auction, providing an opportunity for interested bidders to acquire the property directly from the bank. All eligible participants are encouraged to review the auction terms and conditions before bidding.

Borrower Name:M/s. Maa Bhawani Enterprises

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Subheshwar Kumar Jha, Mr Rajan Kumar Mishra

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property presents a decent investment opportunity due to its location in Thane and reasonable reserve price. However, further due diligence is recommended. The auction terms appear standard, suggesting a calculated approach is appropriate.

Contact Details

Branch:Branch Office : Branch Office : Mumbai

Service Provider:disposalhub.com

Contact Details:

Contact no:8454089353

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