Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613633
Bank Name:Liquidation E-Auction
Branch Name:Mumbai
Reserve Price:₹4,97,000
EMD:₹49,700
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 is a liquidation vehicle auction located in Mumbai City, Mumbai, Maharashtra. The asset category is Vehicle Auctions, and the specific property type is a vehicle. This auction presents an opportunity to acquire a vehicle through a liquidation process managed by Liquidation E-Auction.
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 is holding a special online auction for vehicles in Mumbai City, Maharashtra. The auction, designated for the liquidation of assets of M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION), will commence on December 10, 2025, at 10:00 AM and conclude at 08:00 PM on the same day. The reserve price for the vehicle is ₹497,000.00, with an Earnest Money Deposit (EMD) of ₹49,700.00 required to participate. This is a prime opportunity for interested buyers to participate in a bank liquidation auction.
Borrower Name:M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The Honda City represents a reasonable opportunity due to its moderate reserve price and popular model. While not a prime investment, the car's condition and location in Mumbai make it a calculated risk with potential for value. Auction terms are standard, requiring careful assessment before bidding.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Nikhil Lele
Contact no:+91-9923695656
