Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614318
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹13,50,000
EMD:₹1,35,000
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a prime commercial shop located in the bustling area of Bhiwandi, Thane, Maharashtra. The property is being auctioned by ICICI Home Finance and presents a fantastic opportunity for business owners or investors looking to establish or expand their presence in a rapidly developing commercial hub. Its strategic location in Bhiwandi offers excellent connectivity and accessibility, making it an attractive spot for various commercial ventures. The property is ideal for retail, office space, or service-based businesses.
State:Maharashtra
City:Thane
Area:Bhiwandi
Asset Category:Commercial
Full Address:Shop No 01, Sai Complex, Shop No 01 Ground Floor Building No 2 A Wing Sai Complex Building Survey No 200/7 At The Village Kasheli Tal Bhiwandi Dist Thane Maharashtra, Kasheli, Bhiwandi
Building/Society:Sai Complex
Auction Description
ICICI Home Finance is conducting a SARFAESI auction for a commercial shop in Bhiwandi, Thane, Maharashtra. The auction has a reserve price of ₹13,50,000 and requires an EMD of ₹1,35,000. The auction will take place on November 21, 2025, starting at 2:00 PM and concluding at 3:00 PM. This is a unique chance to acquire a commercial asset in a growing economic zone. Interested parties are advised to review all auction terms and conditions before bidding.
Borrower Name:Govind Kannaujiya
Auction Type:SARFAESI Auction
Guarantor Names:Kumari Rina
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Bhiwandi, a developing area near Mumbai, offered at a reasonable reserve price. While the location presents growth potential, more details on built-up area and specific market dynamics are needed for a 'Strong Buy' rating. The 'Calculated Opportunity' recommendation reflects this balance of potential and limited information.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Contact no: —
