Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613029
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹41,00,000
EMD:₹4,10,000
Bid Increment:₹25,000
Auction Time:12:00 PM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A residential flat located in Bhiwandi, Thane, Maharashtra, brought to you by the Bank of India. This property is being auctioned under the SARFAISI Act. Ideal for individuals or families seeking a home in a developing area. The property offers a promising investment opportunity in the real estate market of Thane.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:483/13, Municipal House No. 483/13 Survey No. 23, Hissa No.3, Temghar Bhiwandi, Thane 421302, Temghar, Thane
Size:189.52 sq. mtrs
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Bhiwandi, Thane. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is ₹41,00,000, with an Earnest Money Deposit (EMD) of ₹4,10,000 required to participate. This is a significant opportunity for potential buyers to acquire property through a transparent auction process.
Borrower Name:M/s. Alison Fabrics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Firoz Mahendi Mohmed Surani, Mr. Amin Mahendi Mohammed Surani
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Bhiwandi presents a moderate investment opportunity, given its location and reserve price. While the property type is standard, the physical possession status enhances its appeal. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9223344788
