Office for auction Ulhasnagar Camp 5 Ulhasnagar 15 lakh Bank of India

Property for Auction in Ulhasnagar, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
373 Sq. Ft.
Reserve Price
15,00,000
Reserve Price
15,00,000
EMD Required
1,50,000
Property Specifications
Society/BuildingJeans World Mall
Size373 Sq. Ft.
Unit No.201
FloorSecond Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Office
Location IconLocation:
Ulhasnagar, Thane
Auction Date IconAuction Date:
18-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:18-11-2025 04:00 PM

Bid Start Date:18-11-2025 11:00 AM

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Specialised Asset Recovery Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no:022-422673549

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