Flat for auction Tembhi Naka, Thane West Mumbai 44 lakh Bank of India

This is a residential flat located in the prime Mumbai City area of Mumbai, Maharashtra. Ideal for individuals or families seeking a home in a well-connected urban center. The property is being auctioned by the Bank of India under SARFAESI Act. Details regarding the exact location, size, and amenities will be provided to interested bidders. This is a valuable opportunity to acquire a property in one of India's most sought-after real estate markets.

The Bank of India is conducting a SARFAESI auction for a residential flat in Mumbai City, Mumbai. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 43,50,000, with an Earnest Money Deposit (EMD) of INR 4,35,000 required to participate. This is a public auction for the recovery of dues from the borrower, Mr. Jarnail Singh Bains. Prospective bidders are advised to conduct their due diligence before participating.

The property is a reasonably priced flat in a Mumbai suburb, offered under symbolic possession. While the location is accessible, potential builder's dues add a layer of complexity. It's a calculated opportunity, suitable for investors willing to do due diligence and manage potential additional costs.