Property for Auction in Ulhasnagar, Thane, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611055
Bank Name:THE KALYAN JANATA SAHAKARI BANK LTD
Branch Name:Head Office-Pune
Reserve Price:₹4,00,00,000
EMD:₹1,00,00,000
Auction Time:05:00 PM
Service Provider:Public Auction
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Prime land parcel located in the well-connected area of Ulhasnagar, Thane, Maharashtra. This asset, categorized as Residential, offers a significant investment opportunity. The land is being auctioned by THE KALYAN JANATA SAHAKARI BANK LTD. Situated in a developing region, it presents potential for various residential or commercial developments. Proximity to essential services and transport links enhances its appeal. This is a direct SARFAESI auction for the land.
State:Maharashtra
City:Thane
Area:Ulhasnagar
Asset Category:Residential
Full Address:Unit No. 10, Opp. The Kalyan Janata Sahakari Bank Ltd. Branch-Ulhasnagar-4, Near Vitthalwadi Police Station, Ulhasnagar - 421 004, Ulhasnagar, Thane
Size:709.50 sq. yards
THE KALYAN JANATA SAHAKARI BANK LTD is conducting a SARFAESI auction for a valuable land property in Ulhasnagar, Thane, Maharashtra. The auction will commence on November 21, 2025, at 05:00 PM and conclude at 06:00 PM on the same day. The reserve price for this residential land is ₹4,00,00,000, with an Earnest Money Deposit (EMD) of ₹40,00,000 required to participate. This is a unique chance to acquire land in a sought-after location directly from the bank.
Borrower Name:M/s. Gourmet Foods and Beverages
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Manisha Anil Wadhwa, Mrs. Diksha Naresh Wadhwa
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, located in Ulhasnagar, offers a land with industrial structure, with a factory shed and godown, making it a calculated opportunity for industrial use. While the location is established, the 'As Is Where Is' basis requires careful evaluation of potential risks and required renovations, which needs to be considered before making any investment decision.
Branch:Branch Office : Head Office-Pune
Service Provider:Public Auction
Contact Details:
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