Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612031
Bank Name:Bank of India
Branch Name:Specialised Asset Recovery Management Branch
Reserve Price:₹15,00,000
EMD:₹1,50,000
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 04:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
This is a bank auction for a commercial office space located in Ulhasnagar, Thane, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. Ideal for business ventures, this commercial office offers a strategic location within the Thane district.
State:Maharashtra
City:Thane
Area:Ulhasnagar
Asset Category:Commercial
Full Address:202, Jeans World Mall, Office Nos. 202, Second Floor, "Jeans World Mall", Plot No. 5, Sheet No. 69, Near Shani Mandir, Ulhasnagar Camp 5, Ulhasnagar Camp 5, Ulhasnagar
Building/Society:Jeans World Mall
Auction Description
The Bank of India is conducting a SARFAESI auction for a commercial office in Ulhasnagar, Thane. The auction will take place on November 18, 2025, from 11:00 AM to 05:00 PM. The reserve price for this auction is ₹15,00,000.00, with an Earnest Money Deposit (EMD) of ₹1,50,000.00 required to participate. This is a prime opportunity to acquire commercial property in a developing area.
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's location in Ulhasnagar offers a potential for commercial activity. The reserve price seems reasonable. However, further due diligence is needed to assess the full market potential and the auction terms.
Contact Details
Branch:Branch Office : Specialised Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:022-22673549
