Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610949
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹9,93,000
EMD:₹99,300
Bid Increment:₹25,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
A residential flat located in Shahapur, Thane, Maharashtra, brought to auction by Punjab National Bank. This property is being sold under the SARFAESI Act. Mr. Bharat J. Poojari is the borrower associated with this asset. The auction presents an opportunity to acquire a flat in this developing area.
State:Maharashtra
City:Thane
Area:Shahapur
Asset Category:Residential
Full Address:02, VELENO APARTMENT, Flat Premises No 02, Ground Floor, VELENO APARTMENT, DELVYN APPEX, Plot No 51, Survey/Gut No 150/51, Village Savroli (Budruk), Taluka Shahapur, Thane 421601, Savroli (Budruk), Thane
Building/Society:VELENO APARTMENT
Size:525.00 sq ft
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Shahapur, Thane. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this property is INR 9,93,000, with an Earnest Money Deposit (EMD) of INR 99,300 required to participate. This is a timed online auction.
Borrower Name:Mr Bharat J Poojari
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property presents a reasonable opportunity due to its location in Shahapur, Thane, and affordable reserve price. However, the symbolic possession and relatively smaller size suggest a calculated approach. Further due diligence is advised to assess the location's growth potential.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
