Shop for auction 66 Mangathane and 24 of Villa, Wada, Palghar by Liquidation E-Auction

Property for Auction in Wada, Palghar, Maharashtra

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Wada, Palghar
Auction Date IconAuction Date:
14-08-2025 03:30 PM

Auction Details

Auction ID:537620

Bank Name:Liquidation E-Auction

Branch Name:Mumbai

Reserve Price:7,02,69,475

EMD:70,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:12-08-2025 05:00 PM

Bid Start Date:14-08-2025 03:30 PM

Property Description

Commercial Property located in Wada, Palghar, Maharashtra. The property includes Survey Nos-233, 234, 235, 236,240, 241, 242 in village Mangathane and Survey No. 24 of Village Vardha, Taluka Wada, District Palghar. The total area of the property is 49.680 SOMT.

State:Maharashtra

City:Palghar

Area:Wada

Asset Category:Commercial

Auction Description

This is a liquidation e-auction for a commercial property located in Wada, Palghar, Maharashtra. The property is being sold as a going concern, including all its assets and liabilities, as per Regulation 32(e) of IBBI (Liquidation Process) Regulations, 2016. The sale excludes cash and bank balances, and recoveries from avoidance transactions pending before the NCLT. The property comprises Survey Nos-233, 234, 235, 236,240, 241, 242 in village Mangathane and Survey No. 24 of Village Vardha, Taluka Wada, District Palghar, with a total area of 49.680 SOMT. The auction is conducted by Liquidation E-Auction, with BAANKNET as the service provider. The reserve price is 70,269,475.00 and the EMD is 7,000,000.00. The auction will take place on August 14, 2025, from 3:30 PM to 5:30 PM.

Borrower Name:VINDHYAVASINI ISPAT INDUSTRIES PRIVATE LIMITED

Auction Type:Liquidation Auction

Contact Details

Mr. Asish Narayan Contact No : +91 9920299049

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