Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:609435
Bank Name:Federal Bank
Branch Name:LCRD - Mumbai Division
Reserve Price:₹22,42,000
EMD:₹2,24,200
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 is a Federal Bank vehicle auction located in Mumbai City, Mumbai, Maharashtra. The asset category is Vehicle Auctions, and the specific property type is a Vehicle. The auction is conducted under the SARFAESI Act. The reserve price for this vehicle is ₹22,42,000, with an Earnest Money Deposit (EMD) of ₹2,24,200. This presents a valuable opportunity for interested buyers in the Mumbai region.
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 in Mumbai City, Mumbai. The auction will commence on December 4, 2025, at 11:30 AM and conclude at 02:30 PM on the same day. The reserve price is set at ₹22,42,000, and the EMD required is ₹2,24,200. This is a public auction for a vehicle previously belonging to Smt. Yashwanti Sachin Jadhav.
Borrower Name:Smt. Yashwanti Sachin Jadhav
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Sachin Ashok Jadhav
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The auction offers a commercial vehicle at a specified reserve price. Its appeal depends on market demand and condition of the vehicle. Inspection is possible in Nashik.
Contact Details
Branch:Branch Office : LCRD - Mumbai Division
Service Provider:drt.auctiontiger.net
Contact Details:
Rajeshkumar P
Contact no:91-8828226729
