Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:613637
Bank Name:Liquidation E-Auction
Branch Name:Mumbai
Reserve Price:₹4,23,000
EMD:₹42,300
Bid Increment:₹20,000
Auction Time:10:00 AM to 8:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-07
Bid Start Date:2025-12-10
Property Description
This auction features a vehicle in Mumbai City, Maharashtra, under the purview of Liquidation E-Auction. The property is being liquidated on behalf of M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION). This presents a unique opportunity for potential buyers in the automotive sector.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Vehicle Auctions
Full Address:Sterling Centre, 401-407, Sterling Centre, 4th Floor, Andheri Kurla Road, Chakala, Andheri East, Andheri East, Mumbai
Building/Society:Sterling Centre
Auction Description
Liquidation E-Auction is holding an online vehicle auction for M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION) in Mumbai City, Maharashtra. The auction will commence on December 10, 2025, at 10:00 AM and conclude on the same day at 08:00 PM. The reserve price is ₹423,000.00, with an Earnest Money Deposit (EMD) of ₹42,300.00 required to participate.
Borrower Name:M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The Honda City car presents a calculated opportunity due to its reasonable reserve price and the well-known brand. While vehicles typically depreciate faster than real estate, this auction offers a chance to acquire a vehicle at potentially below market value. Interested buyers should assess the car's condition and market value before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Nikhil Lele
Contact no:+91-9923695656
