Land for auction 16 Ulhasnagar, Thane by Bank of Maharashtra

This offering is for a parcel of land located in Ulhasnagar, a key area within the Thane district of Maharashtra. The property is categorized as residential land, presenting potential for various development purposes. Situated in a region experiencing growth, this land is part of a SARFAESI action initiated by the Bank of Maharashtra against Mr. Dhanraj Gurumukhdas Bhatia. The bank seeks to recover its dues through this auction process. Details regarding the exact size, boundaries, and accessibility of the land should be verified by interested parties through independent research and site visits prior to the auction date. This is a straightforward land asset available for purchase.

Bank of Maharashtra is conducting a SARFAESI auction for land in Ulhasnagar, Thane. The auction will take place on August 5, 2025, from 12:00 PM to 4:00 PM. The reserve price is ₹17,20,000, with an Earnest Money Deposit (EMD) of ₹1,72,000. This is a prime opportunity to acquire land in a developing area of Maharashtra. The property is being auctioned due to the default by the borrower, Mr. Dhanraj Gurumukhdas Bhatia. Prospective bidders are advised to conduct their own due diligence regarding the property's legal status, dimensions, and any encumbrances. This auction offers a chance for investors and individuals looking to purchase land directly from the bank.