Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610950
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹54,20,000
EMD:₹5,42,000
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
This is a residential flat located in Ulhasnagar, Thane, Maharashtra. It is being auctioned by Punjab National Bank under the SARFAESI Act. The property is associated with borrower Mr. Kiran Bachoobhal Bhatia.
State:Maharashtra
City:Thane
Area:Ulhasnagar
Asset Category:Residential
Full Address:B-101, Monarch Solitaire, Monarch Solitaire, S. No. 169-A/1, 169-A/3/1 & 169-A/3/2, Shanti Nagar, Kalyan Badlapur Road, opposite UMC Naka 1, Ulhas Nagar (Shahad), Ulhas Nagar (Shahad), Thane
Building/Society:Monarch Solitaire
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Ulhasnagar, Thane, Maharashtra. The auction will take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is INR 54,20,000, with an Earnest Money Deposit (EMD) of INR 5,42,000 required.
Borrower Name:Mr. Kiran Bachoobhal Bhatia
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Pooja Kiran Bhatia
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The property offers a calculated opportunity due to its location in Ulhasnagar and relatively affordable reserve price. While the area may not be prime, the flat's price point and auction terms make it worth considering for investors or end-users familiar with the region. Physical possession adds to the appeal.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
