Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610517
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹17,57,000
EMD:₹1,75,700
Bid Increment:₹50,000
Auction Time:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-15
Property Description
This is a commercial office space located in Karjat, Raigad, Maharashtra. The property is being auctioned by the Indian Overseas Bank as part of a SARFAESI action. Ideal for business ventures, this asset offers a prime location within the commercially developing area of Karjat.
State:Maharashtra
City:Raigad
Area:Karjat
Asset Category:Commercial
Full Address:102, Mateshwari Hills Park CHS Limited, Commercial Office No 102, Ist Floor, K-Wing, Mateshwari Hills Park CHS Limited, Village-Karjat, Karjat, Raigad
Building/Society:Mateshwari Hills Park CHS Limited
Size:732 sq ft
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a commercial office property in Karjat, Raigad. The bidding process will take place on November 15, 2025, from 11:00 AM to 03:00 PM. The reserve price for this auction is ₹17,57,000, with an Earnest Money Deposit (EMD) of ₹1,75,700 required to participate. This is a significant opportunity to acquire commercial real estate in a growing region.
Borrower Name:M/S Tier Trading Pvt Ltd
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial office space in Karjat, Maharashtra, offered at a relatively reasonable reserve price. While not a prime investment, the location and property type offer a calculated opportunity for potential buyers looking for commercial space. Auction terms are standard.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Manish Kumar
Contact no:8506039396
