Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611636
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹30,70,000
EMD:₹3,07,000
Auction Time:11.00 am to 3.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
A residential flat located in Ulwe, Navi Mumbai, Maharashtra. This property is being auctioned by the Bank of Maharashtra under SARFAESI proceedings. The flat offers a prime location within Navi Mumbai, known for its developing infrastructure and connectivity. Ideal for individuals or families looking for a home in a rapidly growing area.
State:Maharashtra
City:Navi Mumbai
Area:Ulwe
Asset Category:Residential
Full Address:302, Bhosale Daffodil, Flat no. 302 Bhosale Daffodil Plot No. 64 Sector 21, Ulwe Navi Mumbai-410306, Ulwe, Navi Mumbai
Building/Society:Bhosale Daffodil
Size:433.35 sq. ft.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Ulwe, Navi Mumbai. The auction will take place on November 21, 2025, from 11:00 AM to 03:00 PM. The reserve price for this auction is INR 30,70,000, with an Earnest Money Deposit (EMD) of INR 3,07,000 required. This is a significant opportunity to acquire a property in a developing node of Navi Mumbai.
Borrower Name:Mrs. Panchawati Uttam Dak
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Uttam Abarao Dak
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Ulwe, Navi Mumbai, presents a calculated opportunity due to its reasonable reserve price and potential for appreciation. However, the symbolic possession status introduces an element of risk. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mrs. Megha T. Jaulkar
Contact no:8424038477
