Plot for auction 1 in the Shahapur, Thane by The Deccan Merchants Co-O

This exceptional offering features a selection of Non-Agricultural (NA) plots, some with existing construction, situated within the esteemed 'Green Willows' complex at Survey No.30/1, 30/2, 30/3, 30/4 in the picturesque village of Shendrun Budruk, Taluka Shahapur, Thane, Maharashtra. For new property buyers, this residential plot represents a compelling opportunity in a rapidly evolving yet serene location. Shahapur, part of the larger Thane district, is increasingly recognized for its natural beauty, verdant landscapes, and burgeoning infrastructure, positioning it as an ideal locale for both long-term investment and establishing a tranquil residential haven. The presence of both NA plots and existing structures offers remarkable flexibility, allowing for personalized development or the renovation of an existing dwelling. This asset is perfectly suited for those aspiring to build a bespoke home or secure a valuable land parcel with substantial appreciation potential in a well-connected and peaceful environment, making it a strategic acquisition.

This bank auction, facilitated by The Deccan Merchants Co-Op Bnk Ltd, operates under the transparent SARFAESI Act, offering a secure and regulated pathway for new property buyers. The reserve price for this attractive asset is set at a competitive Rs. 1,458,250.00. Prospective bidders are required to submit an Earnest Money Deposit (EMD) of Rs. 218,738.00, which is a standard prerequisite for participation and typically refundable if your bid is not successful. The e-auction is scheduled to take place on March 20, 2025, from 11:30 AM to 12:30 PM. Crucially, the deadline for application submission is March 19, 2025, by 5:30 PM. New buyers must prioritize adherence to these timelines and conduct comprehensive due diligence, including physical inspection of the property and legal verification of documents, prior to submitting their application. For any further details or clarification regarding the process, interested parties can contact the bank directly at 022-23891233. This structured public auction provides a clear and accessible route to acquire valuable real estate.