Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609436
Bank Name:Federal Bank
Branch Name:LCRD - Mumbai Division
Reserve Price:₹22,04,000
EMD:₹2,20,400
Bid Increment:₹5,000
Auction Time:11:30 AM to 2:30 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This listing is for a vehicle being auctioned by Federal Bank in Mumbai City, Mumbai, Maharashtra. The auction is conducted under the SARFAESI Act. The vehicle was formerly owned by Smt. Yashwanti Sachin Jadhav. The reserve price is ₹2,204,000.0 and the Earnest Money Deposit (EMD) is ₹220,400.0. This is a prime opportunity to acquire a vehicle through a bank auction in a major metropolitan area.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Vehicle Auctions
Full Address:Tokersey Chawl, 4th Floor, GRD.10/11, Tokersey Chawl, Datta Mandir Marg, Off TJ Road, Near Post Office, Sewree, Sewree, Mumbai
Building/Society:Tokersey Chawl
Auction Description
Federal Bank is holding a SARFAESI auction for a vehicle located in Mumbai City, Mumbai, Maharashtra. The auction will take place online on December 4, 2025, starting at 11:30 AM and concluding at 02:30 PM. The reserve price for the vehicle is ₹2,204,000.0, with an EMD of ₹220,400.0 required to participate. Interested bidders should review all auction terms and conditions before placing their bids. Don't miss this chance to bid on this asset.
Borrower Name:Smt. Yashwanti Sachin Jadhav
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Sachin Ashok Jadhav
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The vehicle presents a moderate investment opportunity. The location in Mumbai adds to its value. Auction terms are standard, warranting a calculated approach.
Contact Details
Branch:Branch Office : LCRD - Mumbai Division
Service Provider:drt.auctiontiger.net
Contact Details:
Rajeshkumar P
Contact no:91-8828226729
