Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609647
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹29,25,000
EMD:₹2,92,000
Service Provider:BAANKNET
Important Dates
Submission Date:10-11-2025 05:00 PM
Bid Start Date:2025-11-07
Property Description
Prime industrial land located in Bhiwandi, Thane, Maharashtra. This strategically positioned plot offers excellent connectivity and potential for industrial development. Suitable for manufacturing, warehousing, or logistics operations, this asset presents a significant opportunity in a rapidly growing industrial hub.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Industrials
Full Address:Municipal House No- 1995/8, Maccha Khoni Road Behind Masjid and Water Tank Village Khoni Bhiwandi Distt Thane 421302, Khoni, Bhiwandi
Auction Description
The Bank of India presents a SARFAESI auction for industrial land in Bhiwandi, Thane. The property, formerly associated with M/s KAIF FABRICS, has a reserve price of ₹29,25,000 and an Earnest Money Deposit (EMD) of ₹2,92,000. The auction will take place on November 11, 2025, from 11:00 AM to 5:00 PM. Interested parties are advised to review all auction terms and conditions prior to bidding.
Borrower Name:M/s KAIF FABRICS
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is industrial land in a developing area, offered at a reasonable reserve price. While the location offers potential, the symbolic possession status requires careful due diligence. This opportunity is suitable for investors willing to assess the risks and development potential.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no:8861604742
