Property for Auction in Ulhasnagar, Thane, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612030
Bank Name:Bank of India
Branch Name:Specialised Asset Recovery Management Branch
Reserve Price:₹15,00,000
EMD:₹1,50,000
Bid Increment:₹25,000
Service Provider:BAANKNET
Submission Date:18-11-2025 04:00 PM
Bid Start Date:18-11-2025 11:00 AM
Prime commercial office space located in the bustling area of Ulhasnagar, Thane, Maharashtra. This property is part of a SARFAESI auction conducted by the Bank of India, offering a significant investment opportunity in a rapidly developing urban center. The asset is ideal for businesses seeking a strategic location with excellent connectivity and accessibility. Its versatile layout makes it suitable for various commercial ventures, from corporate offices to service-oriented businesses. Situated in a well-established commercial hub, this property presents a chance to acquire a valuable asset in a growing market.
State:Maharashtra
City:Thane
Area:Ulhasnagar
Asset Category:Commercial
Full Address:201, Jeans World Mall, Office Nos. 201, Second Floor, "Jeans World Mall", Plot No. 3, Sheet No. 69, Near Sheni Mandir, Ulhasnagar Camp 5, Ulhasnagar Camp 5, Ulhasnagar
Building/Society:Jeans World Mall
Size:373 Sq. Ft.
The Bank of India is holding a SARFAESI auction for a commercial office property in Ulhasnagar, Thane, Maharashtra. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this attractive commercial asset is INR 15,00,000.0, with an Earnest Money Deposit (EMD) of INR 1,50,000.0 required to participate. This is a unique opportunity to acquire a commercial property in a sought-after location at a competitive price. Interested bidders are encouraged to review all auction terms and conditions prior to participation.
Borrower Name:Mis. Snohal Gems Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Pradeep Bhotra, Mr. Vanita C Antaney
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property offers a decent opportunity given its location in Ulhasnagar and status as a commercial office. The reserve price seems reasonable, making it a calculated opportunity for investors looking for commercial space. Additional due diligence is recommended to assess the long-term investment potential.
Branch:Branch Office : Specialised Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:022-422673549