Office for auction Karjat Raigad 23 lakh Indian Overseas Bank

This auction features 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 the borrower, M/S Tier Trading Pvt Ltd. This is a prime opportunity to acquire commercial real estate in a developing area. The property type is a commercial office, suitable for various business ventures. Situated in Raigad, a district known for its industrial and commercial potential, this asset offers strategic advantages for businesses looking to establish or expand their presence.

Indian Overseas Bank is conducting a 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 concluding at 03:00 PM. The reserve price for this commercial asset is ₹23,18,000, with an Earnest Money Deposit (EMD) of ₹2,31,800 required to participate. This is a significant opportunity for investors and businesses seeking to acquire commercial property in the Raigad region through a transparent auction process.

The commercial office in Karjat presents a calculated opportunity due to its size and location. The reserve price and EMD are reasonable, but potential investors should thoroughly assess the local market conditions. The property's physical possession status is a positive factor.