Plot for auction Algaon Thane 6 lakh PNB Housing Finance Limited

Property for Auction in Algaon, Thane, Maharashtra

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Reserve Price
6,35,000
Reserve Price
6,35,000
EMD Required
63,500
Property Specifications
Unit No.83,3,315.0
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Algaon, Thane
Auction Date IconAuction Date:
20-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:614403

Bank Name:PNB Housing Finance Limited

Branch Name:Mumbai

Reserve Price:6,35,000

EMD:63,500

Bid Increment:10,000

Auction Time:02:00PM to 03:00PM

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This is a residential plot located in Algaon, Thane, Maharashtra. The property is being auctioned by PNB Housing Finance Limited as part of a SARFAESI auction. It offers a great opportunity for investment or development in a developing area.

State:Maharashtra

City:Thane

Area:Algaon

Asset Category:Residential

Full Address:83,3,315.0, Prem Narayan Residency, Prem nagari, Algaon, Thane

Auction Description

PNB Housing Finance Limited is conducting an online SARFAESI auction for a residential plot in Algaon, Thane, Maharashtra. The auction will commence on November 20, 2025, at 02:00 PM and conclude at 03:00 PM on the same day. The reserve price for this auction is ₹6,35,000, with an Earnest Money Deposit (EMD) of ₹63,500 required to participate. This is a prime opportunity to acquire a plot in Thane.

Borrower Name:Vinod Kumar Mishra

Auction Type:SARFAESI Auction

Guarantor Names:Indu Devi B.O.

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The plot in Algaon offers potential due to its location near developing infrastructure. However, the limited information and physical possession status suggest moderate risk. The price is reasonable but requires due diligence.

Contact Details

Branch:Branch Office : Mumbai

Service Provider:bankeauctions.com / C1 India

Contact Details:

Contact no: —

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