Vehicle for auction Mumbai Mumbai 22 lakh Liquidation E-Auction

Property for Auction in Mumbai City, Mumbai, Maharashtra

Recommendation
Calculated OpportunityScore: 5.5
Reserve Price
21,67,500
Reserve Price
21,67,500
EMD Required
2,16,750
Vehicle Specifications
Vehicle TypeVehicle
Auction TypeLiquidation Auction
BorrowerM/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION)
Property Type IconProperty Type:
Vehicle
Location IconLocation:
Mumbai City, Mumbai
Auction Date IconAuction Date:
10-12-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 5.5

Auction ID:613400

Bank Name:Liquidation E-Auction

Branch Name:Mumbai

Reserve Price:21,67,500

EMD:2,16,750

Bid Increment:1,00,000

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 auction features a vehicle from M/s JET AIRWAYS (INDIA) LIMITED (IN LIQUIDATION) in Mumbai City, Mumbai, Maharashtra. This is a liquidation auction of a vehicle asset.

State:Maharashtra

City:Mumbai

Area:Mumbai City

Asset Category:Vehicle Auctions

Full Address:Mumbai, Mumbai

Auction Description

Liquidation E-Auction for a vehicle in Mumbai City, Mumbai. The auction starts on December 10, 2025, at 10:00 AM and ends on December 10, 2025, at 08:00 PM. The reserve price is INR 2,167,500, with an Earnest Money Deposit (EMD) of INR 216,750.

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 Audi A6 offers a decent investment opportunity given its brand and market value. However, as a vehicle in liquidation, it requires careful inspection and assessment. The location in Mumbai adds value, but the specific condition needs to be factored into the bidding strategy.

Contact Details

Branch:Branch Office : Mumbai

Service Provider:BAANKNET

Contact Details:

Nikhil Lele

Contact no:+91-9923695656

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