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

This exceptional offering presents a significant opportunity for new property buyers to secure a valuable asset in the burgeoning Thane district. Located in the tranquil yet strategically poised village of Shendrun Budruk, Taluka Shahapur, Maharashtra, this property consists of NA Plots within the desirable 'Green Willows' complex, complete with existing construction. Shahapur is rapidly emerging as a preferred residential hub, benefiting from its green surroundings and improved connectivity to Mumbai and central Thane via key arterial roads. Investing in a residential plot here allows for unparalleled flexibility in designing and building a bespoke home tailored to your exact specifications, free from the constraints of pre-built structures. This unique combination of peaceful village life, future appreciation potential due to regional development, and the freedom to create your dream residence makes this an incredibly compelling proposition for long-term growth and comfortable living in a sought-after growth corridor.

Prospective buyers should note the crucial details concerning this SARFAESI auction, conducted by The Deccan Merchants Co-Op Bank Ltd. The online bidding process is scheduled to commence precisely at 11:30 AM on March 20, 2025, concluding sharply at 12:30 PM on the same day, allowing for a focused and competitive bidding window. The property has a Reserve Price of INR 1,458,250.00, meaning bids below this threshold will not be accepted. To participate, interested parties are mandated to submit an Earnest Money Deposit (EMD) of INR 218,738.00. This EMD must be remitted by 05:30 PM on March 19, 2025, and is fully refundable if you are not the successful bidder. As a SARFAESI auction, thorough due diligence, including physical inspection and legal verification of the property and title, is highly recommended before participation. For any clarifications or detailed inquiries, the bank’s contact number is 022-23891233.