Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610511
Bank Name:Indian Overseas Bank
Branch Name:Breach Candy Branch
Reserve Price:₹31,10,400
EMD:₹3,11,040
Bid Increment:₹25,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Dawale, Thane, Maharashtra, offered for auction by Indian Overseas Bank. The property is being sold under the SARFAESI Act. It presents an excellent opportunity for homebuyers or investors in the Thane region.
State:Maharashtra
City:Thane
Area:Dawale
Asset Category:Residential
Full Address:Shop No 09, Shubhlaxmi Shopping Centre, Shop No 09, Ground Floor, Shubhlaxmi Shopping Centre, Sector IX, Vasant Nagari, Survey No 10 & 11, Near Vasant Nagari Ground and Petpooja Hotel, Nalasopara-Vasai Link Road, Vasai (East), Village-Achole, Taluka Vasai, District Palghar, Maharashtra PIN - 401 208, Vasant Nagari, Vasai
Building/Society:Shubhlaxmi Shopping Centre
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential flat in Dawale, Thane. The auction will commence on November 20, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. The reserve price for this property is ₹31,10,400, with an Earnest Money Deposit (EMD) of ₹3,11,040 required to participate.
Borrower Name:Delve Corporation
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in vasai nagari, presents a calculated opportunity due to its location and reserve price. While it's not a prime investment, the location and relatively lower price point may appeal to budget-conscious buyers looking for a business presence. Auction terms are standard, and further due diligence is recommended.
Contact Details
Branch:Branch Office : Breach Candy Branch
Service Provider:BAANKNET
Contact Details:
Mr. Nayan Kharatmal
Contact no:8925950222
