Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611086
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹14,73,000
EMD:₹1,47,300
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 Vasai, Palghar, Maharashtra. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents an opportunity for potential buyers in the Palghar region. Details regarding the specific amenities, size, and condition of the flat will be available in the detailed auction notice.
State:Maharashtra
City:Palghar
Area:Vasai
Asset Category:Residential
Full Address:A/304, Sai Siddhi Apartment of Sai Empire Complex Building No 4 & 5, Sai Siddhi Apartment of Sai Empire Complex Building No 4 & 5 siatuated at Virar East taluka Vasai Dist Palghar, Virar East, Palghar
Building/Society:Sai Siddhi Apartment of Sai Empire Complex Building No 4 & 5
Size:390 sq ft
Auction Description
Indian Bank is conducting an e-auction for a residential flat in Vasai, Palghar, Maharashtra. The auction will take place on November 19, 2025, from 10:00 AM to 4:00 PM. The reserve price is ₹14,73,000, with an Earnest Money Deposit (EMD) of ₹1,47,300 required. This SARFAESI auction offers a chance to acquire property in the Vasai area. Prospective bidders are advised to review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Bhavesh Mahesh Parmar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Hemali Bhavesh Parmar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity given its location in Virar East and the relatively affordable reserve price. While the area is developing, the overall condition and specific details require further assessment. This represents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Tayde Santosh Arunrao
Contact no:8976754755
