Land for auction 208 Complex, Val, Bhiwandi by Indian Overseas Bank

Property for Auction in Val, Bhiwandi, Maharashtra

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Val, Bhiwandi
Auction Date IconAuction Date:
11-08-2025 11:00 AM

Auction Details

Auction ID:547811

Bank Name:Indian Overseas Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:81,28,000

EMD:8,12,800

Service Provider:ebkray

Important Dates

Submission Date:11-08-2025 10:00 AM

Bid Start Date:11-08-2025 11:00 AM

Property Description

This offering features a Land and Building property located in Val, Bhiwandi, within the state of Maharashtra. As a residential asset, it provides a solid investment prospect in a developing area. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. It presents a chance for prospective buyers to own a significant piece of real estate in Bhiwandi.

State:Maharashtra

City:Bhiwandi

Area:Val

Asset Category:Residential

Auction Description

Indian Overseas Bank presents a SARFAESI auction for a Land and Building property in Val, Bhiwandi, Maharashtra. This is a unique opportunity to acquire a residential asset. The reserve price is ₹81,28,000, with an Earnest Money Deposit (EMD) of ₹8,12,800. The auction will be conducted online on August 11, 2025, starting at 11:00 AM and concluding at 3:00 PM. This sale is initiated by the bank against the borrower M/s Lucy Vegona Lifestyle Private Limited.

Borrower Name:M/s Lucy Vegona Lifestyle Private Limited

Auction Type:SARFAESI Auction

Contact Details

Mr Manish Kumar (Mobile No : 8506039396) / ARMB Mumbai Telephone No : 02235119451

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