Representative illustration — Land bank auction in Savare
Representative illustration — not the actual property photograph.
Land Residential Physical possession Strong Buy

Land for Auction Savare Thane 6.2 Crore by Bank of India 08 May 2026

Savare, Thane

Area: 24660 Sq. Mtr

Village Savare, Near Ghodyachi factory and Ashram, Next to Vrindavan Paradise Farm house Tal Ambernath, Dist Thane 421503

Bank of India · Asset Recovery Department

Reserve price

₹6,22,00,000

EMD ₹62,20,000

Auction date

08 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 24660 Sq. Mtr
  • Locality: Savare
  • Reserve: ₹6,22,00,000
  • EMD: ₹62,20,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalitySavare
Built-up / plot area24660 Sq. Mtr
LenderBank of India
BranchAsset Recovery Department
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Land bank auction in Savare, Thane by Bank of India — reserve price ₹6,22,00,000, 24660 Sq. Mtr, Physical possession.

Bank auction property! Vacant land for sale in Savare, Ambarnath, Thane. This expansive 24660 Sq. Mtr land is ideally located near Ghodyachi Factory and Ashram, next to Vrindavan Paradise Farm House. Offered by Bank of India through e-auction, the reserve price is ₹62200000.0 with an EMD of ₹6220000.0. Situated in a prime location, this land presents a unique investment opportunity. Physical possession is with the bank, ensuring a smooth transition for the new owner. Don't miss this chance to acquire a valuable asset in a rapidly developing area. Contact for inspection details.

GeoSquare note: This land in Savare, Ambarnath, presents a favorable investment due to its large size, physical possession status and clear title. While the reserve price is substantial, the location's potential for development and the bank's clean possession reduce risks. The property's price, type and physical posession justify its rating.

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