Property for Auction in Bhiwandi, Thane, Maharashtra
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614659
Bank Name:Liquidation E-Auction
Branch Name:Lower Parel (W) Mumbai
Reserve Price:₹16,15,00,000
EMD:₹1,61,50,000
Bid Increment:₹10,00,000
Auction Time:11:00 A.M. to 1:00 P.M.
Service Provider:drt.auctiontiger.net
Submission Date:2025-11-08
Bid Start Date:2025-11-22
Prime land and building located in the bustling area of Bhiwandi, Thane, Maharashtra. This asset, categorized as residential, presents a significant opportunity for development or investment. Situated in a key economic zone, the property benefits from excellent connectivity and infrastructure, making it an attractive prospect in the Thane real estate market. Its current status as part of a liquidation auction signifies a unique chance to acquire a substantial asset at a competitive valuation.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Residential
Full Address:Gala No. 5 to 10, Building No. F-5, House No.581, Shree Rajlaxmi Logistic Park, M/s Ashwamedh Express. Pvt Ltd, Gala No. 5 to 10, Building No. F-5, House No.581, Shree Rajlaxmi Logistic Park, Near Vadpe Police Chowki, Mumbai Nasik Highway, Vadpe Village, Bhiwandi, District Thane, MH 050, Bhiwandi, MH, Maharashtra-421302, Bhiwandi, Thane
Building/Society:Shree Rajlaxmi Logistic Park
This is a Liquidation E-Auction for land and a building in Bhiwandi, Thane, Maharashtra, formerly associated with COMPUAGE INFOCOM LIMITED. The auction is scheduled for November 22, 2025, running from 11:00 AM to 01:00 PM. The reserve price is set at ₹16,15,00,000, with an Earnest Money Deposit (EMD) of ₹1,61,50,000 required to participate. This online auction event offers a transparent and efficient platform for prospective buyers to bid on this valuable asset.
Borrower Name:COMPUAGE INFOCOM LIMITED
Auction Type:Liquidation Auction
Encumbrance Details:Not Known to Bank
Located in Bhiwandi, a developing industrial area, the property presents a calculated opportunity. The high reserve price and EMD require careful consideration, but the strategic location offers potential for industrial use. Auction terms should be thoroughly reviewed before bidding.
Branch:Branch Office : Lower Parel (W) Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Mr. Gajesh Labhchand Jain
Contact no:+91-8451898835