Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610457
Bank Name:Liquidation E-Auction
Branch Name:Andheri West, Mumbai
Reserve Price:₹10,30,00,000
EMD:₹1,03,00,000
Auction Time:3.00 p.m. to 4.00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This auction features a comprehensive lot of Plant & Machinery located in Shahapur, Thane, Maharashtra. The assets include a variety of equipment from GENERAL COMPOSITES PRIVATE LIMITED, now in liquidation. This is an ideal opportunity for businesses looking to acquire industrial assets at potentially competitive prices. The property type is specifically Plant & Machinery, suitable for manufacturing, industrial operations, or scrap resale.
State:Maharashtra
City:Thane
Area:Shahapur
Asset Category:Scrap, Plant & Machinery
Full Address:Village Lahe, Survey no. 208, 302 & 303, Nr. Vikas industries, Mumbai Agra National highway, Taluka Shahapur, Dist Thane, MH, Shahapur, Thane
Size:42200 Sq meters
Auction Description
Liquidation E-Auction presents a SARFAESI auction for Plant & Machinery belonging to GENERAL COMPOSITES PRIVATE LIMITED (IN LIQUIDATION). The auction will be held online on 24-11-2025, starting at 03:00 PM and concluding at 04:00 PM. The reserve price is ₹10,30,00,000, with an Earnest Money Deposit (EMD) of ₹1,03,00,000 required to participate. This is a liquidation sale offering a significant opportunity to acquire industrial assets.
Borrower Name:GENERAL COMPOSITES PRIVATE LIMITED (IN LIQUIDATION)
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its industrial nature and location. The reserve price is significant, requiring thorough due diligence. While the location is accessible, the industrial sector's volatility warrants careful consideration before bidding.
Contact Details
Branch:Branch Office : Andheri West, Mumbai
Service Provider:BAANKNET
Contact Details:
CA DEVANG P. SAMPAT
Contact no:+918291220220
