Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610514
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹23,18,000
EMD:₹2,31,800
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 bank auction for a commercial office space located in Karjat, Raigad, Maharashtra. The property is being auctioned by Indian Overseas Bank as part of a SARFAESI action against M/S Spaceship Trading Pvt Ltd. This is a prime opportunity to acquire a commercial asset in a developing area.
State:Maharashtra
City:Raigad
Area:Karjat
Asset Category:Commercial
Full Address:201, Mateshwari Hills Park CHS Limited, Commercial Office No 201, 2nd Floor, K-Wing, Mateshwari Hills Park CHS Limited, Village-Karjat, Near Saint Shephard High School, Dist-Raigad Pin-410201, Karjat, Raigad
Building/Society:Mateshwari Hills Park CHS Limited
Size:74.78 sq mt
Auction Description
Indian Overseas Bank is conducting an online SARFAESI auction for a commercial office property in Karjat, Raigad, Maharashtra. The auction will take place on November 15, 2025, starting at 11:00 AM and ending at 03:00 PM. The reserve price for this property is ₹23,18,000, with an Earnest Money Deposit (EMD) of ₹2,31,800 required to participate.
Borrower Name:M/S Spaceship 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 a developing location, offered at a reasonable reserve price. While Karjat is not a prime metropolitan area, the commercial office space presents a calculated opportunity for investors looking for affordable investments. The auction terms are standard, and due diligence is recommended.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Mr Manish Kumar
Contact no:8506039396
