Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:613632
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 listing is for a vehicle liquidation auction in Mumbai City, Mumbai, Maharashtra. The asset category is Vehicle Auctions, and the property type is Vehicle. The borrower is M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION).
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Vehicle Auctions
Full Address:875/2, Mahipalpur Extension, New Delhi-110037, Mahipalpur Extension, New Delhi
Auction Description
Liquidation E-Auction of a vehicle in Mumbai City, Maharashtra. The auction is conducted by Liquidation E-Auction with a reserve price of ₹423,000.00 and an EMD of ₹42,300.00. The auction starts on December 10, 2025, at 10:00 AM and concludes on the same day at 08:00 PM.
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 vehicle presents a calculated opportunity due to its reasonable reserve price and clear auction terms. While vehicles are subject to depreciation, the competitive bidding process could lead to an acquisition at a favorable price. The location in Delhi adds to its potential market reach.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Nikhil Lele
Contact no:+91-9923695656
