Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612033
Bank Name:Bank of India
Branch Name:Specialised Asset Recovery Management Branch
Reserve Price:₹26,10,000
EMD:₹2,61,000
Auction Time:03:00PM to 05:00PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 04:00 PM
Bid Start Date:2025-11-07
Property Description
This is a bank auction of a valuable godown located in the industrial hub of Bhiwandi, Thane, Maharashtra. Owned by M/s. B R Minoral Waters and brought to auction by the Bank of India under SARFAESI regulations, this industrial asset presents a significant opportunity for investors and businesses. Situated in a prime area known for its commercial activity, the godown offers excellent connectivity and logistical advantages.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Industrials
Full Address:111, Pritesh Complex, Godown No. 111, 1st Floor, Building No. A7, Pritesh Complex, Near Sarvanna Hotel, Village Val, Taluka Bhiwandi, Dist-Thane-421302, Village Val, Bhiwandi
Building/Society:Pritesh Complex
Size:2156 Sq. Ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a godown in Bhiwandi, Thane. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this industrial property is set at INR 26,10,000, with an Earnest Money Deposit (EMD) of INR 2,61,000 required to participate. This is a prime opportunity to acquire a strategically located industrial asset.
Borrower Name:M/s. B R Minoral Waters
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Vandana Janardan Shinde
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a godown in an industrial area, offering a calculated opportunity. The reserve price seems reasonable, but thorough due diligence is required. The auction terms are standard, and the physical possession status is a positive factor.
Contact Details
Branch:Branch Office : Specialised Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
