Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:611048
Bank Name:State Bank of India
Branch Name:Small and Medium Enterprises Centre
Reserve Price:₹2,70,000
EMD:₹27,000
Bid Increment:₹2,000
Auction Time:04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-11-2025 05:00 PM
Bid Start Date:2025-11-10
Property Description
This listing is for a vehicle being auctioned by the State Bank of India in Kharegaon, Thane, Maharashtra. The property is being sold under the SARFAESI Act. The borrower is M/s Sanjivani Tours. This is a great opportunity to acquire a vehicle through a transparent bank auction process. The auction is conducted online.
State:Maharashtra
City:Thane
Area:Kharegaon
Asset Category:Vehicle Auctions
Full Address:Kelvin Warehousing, Datta Mandir Road, Survey No 51, Kharegaon (Near Swami Samarth Math) Kalva - 400605, Kharegaon, Thane
Auction Description
The State Bank of India is holding a SARFAESI auction for a vehicle located in Kharegaon, Thane, Maharashtra. The auction will commence on November 10, 2025, at 02:00 PM and conclude on the same day at 05:00 PM. The reserve price for this auction is INR 2,70,000, with an Earnest Money Deposit (EMD) of INR 27,000 required to participate. Interested bidders should review all auction terms and conditions before participating.
Borrower Name:M/s Sanjivani Tours
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle, a Maruti Suzuki Wagon-R, has a relatively low reserve price, but the overall investment appeal is moderate. The auction terms seem standard, making it a calculated opportunity for those seeking a vehicle at a potentially discounted price. Location in Kharegaon, Thane, provides reasonable accessibility.
Contact Details
Branch:Branch Office : Small and Medium Enterprises Centre
Service Provider:BAANKNET
Contact Details:
Contact no: —
