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

This exceptional offering presents a prime opportunity for new property buyers to acquire residential NA (Non-Agricultural) plots located within the well-regarded 'Green Willows' complex in Shendrun Budruk, Taluka Shahapur, District Thane, Maharashtra. Comprising multiple land parcels (Survey No. 30/1, 30/2, 30/3, 30/4), this property is ideally suited for those aspiring to build their dream home or make a strategic investment in a rapidly developing region. Shahapur is renowned for its tranquil environment, lush greenery, and excellent connectivity, making it an increasingly popular choice for residential development and weekend retreats away from the city's hustle. The 'NA' status signifies that the land is ready for immediate construction, offering a significant advantage for prospective homeowners or developers. This plot in Thane's burgeoning Shahapur area promises strong appreciation potential, combining serene living with urban accessibility, making it an attractive proposition for first-time bidders at bank auctions looking for tangible assets.

Prospective bidders interested in this residential plot in Shahapur, Thane, should note that this is a SARFAESI Auction conducted by The Deccan Merchants Co-Op Bnk Ltd. The auction is scheduled for March 20, 2025, commencing at 11:30 AM and concluding at 12:30 PM. A Reserve Price of INR 14,58,250.00 has been set, below which the property will not be sold. To participate, interested parties must submit their applications by March 19, 2025, at 05:30 PM, along with an Earnest Money Deposit (EMD) of INR 2,18,738.00. This EMD is typically a percentage of the reserve price and is refundable to non-successful bidders. As a new property buyer, it is crucial to conduct thorough due diligence, including a physical inspection of the property and verification of all associated legal documents, prior to the application deadline. For further details and clarifications, potential buyers can contact the bank directly via Telephone No: 022-23891233.