Property for Auction in Vikramgad, Palghar, Maharashtra
Auction ID:543910
Bank Name:ASREC (India) Ltd.
Branch Name:Andheri (East), Mumbai
Reserve Price:₹3,56,00,000
EMD:₹35,60,000
Service Provider:bankeauctions.com / C1 India
Submission Date:05-08-2025 04:00 PM
Bid Start Date:06-08-2025 11:00 AM
A vacant residential plot located in Vikramgad, Palghar district, Maharashtra. This property is being auctioned under the SARFAESI Act by ASREC (India) Ltd. due to loan default by the borrower, Mr. I.N. Biswas. The plot offers a potential for residential development or investment in a region experiencing growth. The location in Palghar, a district known for its developing infrastructure and proximity to Mumbai, makes it an attractive proposition. Further details regarding the exact size, dimensions, and any encumbrances can be obtained from the official auction notice. Prospective buyers should verify all property-related information.
State:Maharashtra
City:Palghar
Area:Vikramgad
Asset Category:Residential
ASREC (India) Ltd. presents a SARFAESI auction for a residential plot in Vikramgad, Palghar, Maharashtra, formerly owned by Mr. I.N. Biswas. This is a prime opportunity to acquire a plot of land in a developing area. The reserve price is ₹3,56,00,000, with an Earnest Money Deposit (EMD) of ₹35,60,000 required to participate. The auction will be held on August 6, 2025, starting at 11:00 AM and concluding at 02:00 PM on the same day. Interested bidders are advised to review all auction terms and conditions provided by ASREC (India) Ltd. and conduct their due diligence on the property.
Borrower Name:Mr. I.N. Biswas
Auction Type:SARFAESI Auction
Mr. Dipesh Wadia - Cell no. 9821509508, 022-61387030