Office for auction Ulhasnagar Camp 6 Ulhasnagar, Thane 12 lakh Bank of India

This is a prime commercial office space located in Ulhasnagar, Thane, Maharashtra. Owned by Bank of India and associated with the borrower Mis. Snohal Gems Private Limited, this property falls under the commercial asset category. It presents a significant opportunity for investors or businesses seeking a strategic location within the bustling Thane district. The property type is specifically a commercial office, making it suitable for a wide range of business operations.

Bank of India is conducting a SARFAESI auction for a commercial office property in Ulhasnagar, Thane. The auction has a reserve price of ₹12,00,000 and requires an Earnest Money Deposit (EMD) of ₹1,20,000. Bidders can participate in the auction on November 18, 2025, with the auction commencing at 11:00 AM and concluding at 5:00 PM on the same day. This is a unique chance to acquire commercial real estate in a key Maharashtra location.

Located in Ulhasnagar, a developing area, this commercial office in Jeans World Mall presents a calculated investment opportunity. The reserve price is reasonable, but potential investors should carefully assess the location and market conditions before bidding. The terms of the auction, including the EMD and physical possession, add to the appeal.