Land for auction 3068 U Wing Building Name Akshar Business Par, Vashi, Thane by Canara ...

Property for Auction in Vashi, Thane, Maharashtra

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Vashi, Thane
Auction Date IconAuction Date:
31-07-2025 11:00 AM

Auction Details

Auction ID:540321

Bank Name:Canara Bank

Branch Name:Mumbai

Reserve Price:1,85,57,000

EMD:18,55,700

Service Provider:BAANKNET

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 11:00 AM

Property Description

Discover an exceptional investment prospect in Vashi, Thane, Maharashtra, featuring a strategically positioned commercial property within the well-regarded Akshar Business Park. This particular unit, No. 3068, is situated on the 3rd Floor of the U Wing, offering an expansive 1590.73 sq.ft. of gross usable carpet area. The property's location in Sector 25, Phase II, places it in a prime business district with excellent infrastructure and accessibility, bordered by the Turbhey railway yard to the west, ensuring significant logistical advantages. The surrounding development, including adjacent wings and a CWC Godown, indicates a well-established commercial zone with potential for growth and high footfall. This property type, classified as Land and Building, represents a versatile asset suitable for various business ventures or as a valuable addition to an investment portfolio. With its strategic Thane location and the inherent promise of commercial activity, this unit offers a solid foundation for a thriving enterprise or a lucrative rental income stream.

State:Maharashtra

City:Thane

Area:Vashi

Asset Category:Residential

Auction Description

This auction presents a compelling opportunity to acquire a commercial unit located in the bustling business hub of Vashi, Navi Mumbai, within the Thane district of Maharashtra. The property, identified as Unit No. 3068 on the 3rd Floor of the U Wing at Akshar Business Park, Phase II, Sector 25, offers a substantial gross usable carpet area of 1590.73 sq.ft. Its strategic location benefits from excellent connectivity and proximity to key infrastructure, including the Turbhey railway yard to the west, with adjacent wings and a CWC Godown providing defined boundaries. As a SARFAESI Auction conducted by Canara Bank, this sale operates under a transparent process. Prospective buyers are advised that the Reserve Price is set at ₹1,85,57,000, with an Earnest Money Deposit (EMD) of ₹18,55,700 required to participate. The auction is scheduled to commence on July 31, 2025, at 11:00 AM and conclude at 01:00 PM on the same day, with applications needing submission by July 30, 2025, 05:00 PM. For further details and to submit your bid, please refer to the provided sale notice URL.

Borrower Name:M/s. ALLSEAS MOVERS PVT LTD

Auction Type:SARFAESI Auction

Contact Details

Mr. Sudrashan Joshi Chief Manager (Mobile No : 8655948054 / Mr. Kundan Kumar Manager (Mobile No : 8825313343)

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