Bank auction
ICICI Bank Commercial Shop Auction in Ambarnath, Thane
Bank auction by ICICI Bank in Thane, Maharashtra. Reserve price ₹8.00 L.

Auction facts
- Bank
- ICICI Bank
- Branch
- Branch Office : Andheri East Mumbai
- Reserve price
- ₹8.00 L
- EMD
- ₹80,000
- Auction date
- 28-09-2026 11:00 AM
- End time
- 28-09-2026 12:00 PM
- Submission date
- 25-09-2026 05:00 PM
- Auction type
- SARFAESI Auction
- Service provider
- BidDeal.in
- Auction ID
- 873736
- Property type
- Commercial Shop
- Borrower
- Mr. Nithyanandan Sankaran Nadar
Property
- Area
- Ambarnath
- City
- Thane
- State
- Maharashtra
Notice
- Contact
- Contact : 8104548031/9004392416
Bid timing & possession
Bid / application deadline: 25 Sep 2026 — Closed on 25 Sep 2026
Physical Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
Published reserve ₹8.00 L is 56% below the same locality median of ₹18.00 L (n=13 comparable live notices).
Published reserve ₹8.00 L over 1,90,410 sq ft works out to about ₹4/sq ft — 100% below the IGR average of ₹5,975/sq ft in Ambarnath, Thane.
EMD calculator
- Reserve: ₹8.00 L
- EMD: ₹80,000 (10%)
- Remaining (reserve − EMD): ₹7.20 L
Before you bid — checklist
- Valid PAN card
- KYC documents as required by the lender
- EMD payment through the lender's authorised channel
- Registration on the bank's e-auction portal
Description
Shop No. 2,7,8, And 9, Ground Floor, A & B-Wing, Saket Apartment, Galli No. 7, House No. 317/7, Vadavali, S.No. 50-A, Hissa No. 6(B), Ambernath East, Maharashtra, Thane- 421501.
Bid questions, from this notice
How much EMD does this notice publish?
The published Earnest Money Deposit is ₹80,000. Deposit it only through the lender's authorised channel after confirming the current sale notice.
What reserve price will my bid be tested against?
The lender published a reserve price of ₹8.00 L for this asset. Bids below the published reserve are not accepted in e-auctions.
When is the bid / application deadline?
The published bid / application deadline was 25 Sep 2026 — that window has closed.
When is the auction scheduled?
The auction is dated 28 Sep 2026 on the published notice. Confirm the current schedule with the lender before bidding.
What does the possession status on this notice mean?
Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
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