Plot for auction 5 IN THE KARMATGHAR REVENUE VILLA, Bhiwandi, Thane by City Union Bank

This property is a residential plot located in Bhiwandi, a rapidly growing area within the Thane district of Maharashtra. The plot is being auctioned by City Union Bank as part of a SARFAESI action against the borrower, M/s. Sweta Textiles. Situated in a key urban corridor, the plot offers potential for residential development and capital appreciation. Its location in Bhiwandi provides accessibility to major transportation networks and essential amenities. This is a direct opportunity to purchase a land parcel directly from the bank, offering a transparent and secure transaction process.

City Union Bank presents a SARFAESI auction for a residential plot in Bhiwandi, Thane, Maharashtra. The property is offered by the bank following loan default by M/s. Sweta Textiles. The auction will commence on August 1, 2025, at 2:00 PM and conclude at 3:00 PM on the same day. The reserve price for this valuable plot is ₹23,00,000, with an Earnest Money Deposit (EMD) of ₹2,30,000 required to participate. This is a prime opportunity to acquire a plot in a developing area, ideal for residential investment. Interested parties are encouraged to review all auction terms and conditions provided by City Union Bank.