Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613033
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹31,00,000
EMD:₹3,10,000
Bid Increment:₹25,000
Auction Time:12:00 PM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a SARFAESI auction for a residential house located in Bhiwandi, Thane, Maharashtra. The property is owned by M/s. Alison Fabrics and is being auctioned by the Bank of India. Situated in a key area, this house offers a potential opportunity for buyers looking for residential property in the Thane region.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:Municipal House No. 483/3/2 Survey No. 23, Hissa No.3, Temghar, Temghar, Bhiwandi
Size:1875 sq. ft.
Auction Description
The Bank of India is conducting an online SARFAESI auction for a residential house in Bhiwandi, Thane, Maharashtra. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:M/s. Alison Fabrics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Firoz Mahendi Mohmed Surani, Mr. Amin Mahendi Mohammed Surani
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Bhiwandi presents a reasonable opportunity given its size and location, but the lack of specific details and potential encumbrances requires careful consideration. The reserve price seems fair for the area, but a thorough inspection is essential before bidding. It's a calculated risk suitable for informed investors.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9223344788
