Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611049
Bank Name:State Bank of India
Branch Name:Small and Medium Enterprises Centre
Reserve Price:₹3,00,000
EMD:₹30,000
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
State Bank of India presents a SARFAESI vehicle auction in Kharegaon, Thane, Maharashtra. This asset, previously under M/s Santosh Tours, is offered through a bank auction. The property is a vehicle, and this is a prime opportunity to acquire an asset through a transparent bidding process.
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 conducting an online SARFAESI auction for a vehicle in Kharegaon, Thane. The auction will commence on November 10, 2025, at 02:00 PM and conclude at 05:00 PM on the same day. The reserve price is set at ₹3,00,000, with an Earnest Money Deposit (EMD) of ₹30,000 required to participate. This auction offers a chance to bid on a seized vehicle under the SARFAESI Act.
Borrower Name:M/s Santosh Tours
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This is a vehicle auction, specifically a Maruti Suzuki Wagon-R, being offered at a relatively moderate reserve price in the Thane area. While the opportunity exists for acquisition, potential buyers should thoroughly assess the vehicle's condition and market value before participating in the auction. The 'Calculated Opportunity' rating reflects the need for due diligence.
Contact Details
Branch:Branch Office : Small and Medium Enterprises Centre
Service Provider:BAANKNET
Contact Details:
Prajapati
Contact no:9920250317
