Flat for auction Virar East Palghar 14 lakh Indian Bank

Property for Auction in Virar, Palghar, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
13,86,000
Reserve Price
13,86,000
EMD Required
1,38,600
Property Specifications
Society/BuildingSai Swapna Apartment No. 2
Unit No.104
Floor1st Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Virar, Palghar
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611085

Bank Name:Indian Bank

Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI

Reserve Price:13,86,000

EMD:1,38,600

Auction Time:10:00 AM to 04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-18

Bid Start Date:2025-11-19

Property Description

This is a residential flat located in Virar, Palghar, Maharashtra, being auctioned by Indian Bank. This property is offered under the SARFAISI Act, providing a unique opportunity for prospective buyers.

State:Maharashtra

City:Palghar

Area:Virar

Asset Category:Residential

Full Address:104, Sai Swapna Apartment No. 2, Flat No. 104, 1st Floor, Wing A in Sai Swapna Apartment No. 2, Near By Manvelpada, Near Datta Mandir, Virar East, Palghar 401305, Virar East, Palghar

Building/Society:Sai Swapna Apartment No. 2

Auction Description

Indian Bank is conducting a SARFAESI auction for a residential flat in Virar, Palghar, Maharashtra. The auction will take place on November 19, 2025, from 10:00 AM to 04:00 PM. The reserve price for this auction is ₹13,86,000, with an EMD of ₹1,38,600 required to participate. This auction presents a chance to acquire a property directly from the bank.

Borrower Name:Ms. Swapnali P Kambli

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Sucheta P Kambli

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, a 1BHK flat in Virar East, offers a decent investment opportunity given its location and reserve price. However, potential buyers should carefully assess the market conditions and growth potential of the area. The property is suitable for those looking for affordable housing in a developing locality.

Contact Details

Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI

Service Provider:BAANKNET

Contact Details:

Contact no:8976754755

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