Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611078
Bank Name:IDBI Bank
Branch Name:Mumbai
Reserve Price:₹29,00,000
EMD:₹3,00,000
Bid Increment:₹10,000
Auction Time:11.30 AM to 12.00 PM
Service Provider:Bankeauctionwizard
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
A residential flat located in Kalyan, Thane, Maharashtra, offered for auction by IDBI Bank. This property falls under the SARFAESI auction category, presenting a unique opportunity for potential buyers.
State:Maharashtra
City:Thane
Area:Kalyan
Asset Category:Residential
Full Address:305, RAI'sValley, C-Wing, Flat No.305, 3rd Floor, C-Wing, RAI'sValley, Vitthalwadi, Village Katemanivali, Near Kailash Nagar, Kalyan(East) District: Thane PIN : 421306, Vitthalwadi, Kalyan
Building/Society:RAI'sValley, C-Wing
Size:424 sq. ft.
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential flat in Kalyan, Thane, Maharashtra. The auction will take place on November 18, 2025, with bidding open between 11:30 AM and 12:00 PM. The reserve price for this property is INR 29,00,000, and the Earnest Money Deposit (EMD) required is INR 2,90,000.
Borrower Name:Shasanka Bimal Bachar
Auction Type:SARFAESI Auction
Guarantor Names:Chitra Shasanka Bachar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent location in Kalyan with a reasonable reserve price. However, the smaller size and auction terms suggest a 'Calculated Opportunity', requiring careful consideration of market conditions and potential appreciation.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Bankeauctionwizard
Contact Details:
Contact no:9326096187
