Property for Auction in Kharegaon, Thane, Maharashtra
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:611047
Bank Name:State Bank of India
Branch Name:Small and Medium Enterprises Centre
Reserve Price:₹36,000
EMD:₹3,600
Bid Increment:₹2,000
Auction Time:04:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-10
Bid Start Date:2025-11-10
This is a bank auction of a vehicle by the State Bank of India located in Kharegaon, Thane, Maharashtra. The auction is being conducted under the SARFAESI Act for the asset belonging to Mr. Siddheshwar Chhagan Patole. The reserve price for this vehicle auction is INR 36,000.0 with an Earnest Money Deposit (EMD) of INR 3,600.0. This presents a great opportunity for prospective buyers interested in acquiring a vehicle through a secured bank auction 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, Kharegaon, Thane
The State Bank of India is holding a SARFAESI auction for a vehicle in Kharegaon, Thane, Maharashtra. The auction will take place on November 10, 2025, commencing at 02:00 PM and concluding at 05:00 PM. The reserve price is set at INR 36,000.0, and interested bidders must submit an EMD of INR 3,600.0. This auction offers a transparent and regulated platform for purchasing a vehicle directly from the bank.
Borrower Name:Mr. Siddheshwar Chhagan Patole
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The vehicle offers a potential opportunity, but its age and condition ('AS IS WHERE IS BASIS') require careful assessment. The location is accessible, but the vehicle type has a limited market. The relatively low reserve price makes it a calculated opportunity for the right buyer.
Branch:Branch Office : Small and Medium Enterprises Centre
Service Provider:BAANKNET
Contact Details:
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