Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 3.5
Auction ID:610482
Bank Name:HDFC Bank
Branch Name:Regd.Office
Reserve Price:₹14,75,000
EMD:₹1,47,500
Bid Increment:₹10,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-05
Bid Start Date:05-12-2025 10:00 AM
Property Description
This is a bank auction of a vehicle located in Mumbai City, Mumbai, Maharashtra. The auction is being conducted by HDFC Bank under the SARFAESI Act. The property is listed under the borrower name Mr. NOUSHIN SHAREEF.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Vehicle Auctions
Full Address:Mumbai City, Mumbai
Auction Description
HDFC Bank is holding a SARFAESI auction for a vehicle in Mumbai City, Mumbai. The auction will take place on December 5, 2025, starting at 10:00 AM and ending at 12:00 PM. The reserve price for this auction is ₹14,75,000, with an Earnest Money Deposit (EMD) of ₹1,47,500 required to participate.
Borrower Name:Mr.NOUSHIN SHAREEF
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The auction presents a potential opportunity for those in the market for a used excavator. However, the 'As Is Where Is' clause necessitates thorough due diligence and inspection. The limited information and specific nature of the asset contribute to a moderate risk profile.
Contact Details
Branch:Branch Office : Regd.Office
Service Provider:Public Auction
Contact Details:
Contact no: —
