Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611052
Bank Name:State Bank of India
Branch Name:Small and Medium Enterprises Centre
Reserve Price:₹3,70,000
EMD:₹37,000
Bid Increment:₹2,000
Auction Time:04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-10
Bid Start Date:2025-11-10
Property Description
This is a bank auction of a vehicle held by the State Bank of India in Thane, Maharashtra. The auction is conducted under the SARFAESI Act. The property is a vehicle, with a reserve price of ₹3,70,000 and an Earnest Money Deposit (EMD) of ₹37,000.
State:Maharashtra
City:Thane
Area:Thane
Asset Category:Vehicle Auctions
Full Address:Mannat Enterprises, Opp shree Ganesh Transport, Near Tulja bhavani mandir, DP Road, shilphata, Thane - 400612, Shilphata, Thane
Auction Description
The State Bank of India is conducting an online SARFAESI auction for a vehicle previously owned by M/s Ashita Kitchen. The auction will take place on November 10, 2025, starting at 2:00 PM and concluding at 5:00 PM. Bidders are required to submit an EMD of ₹37,000. The reserve price for the vehicle is ₹3,70,000. This is a prime opportunity to acquire a vehicle through a transparent bank auction process in Thane.
Borrower Name:M/s Ashita Kitchen
Auction Type:SARFAESI Auction
Guarantor Names:Pranjali Jadhav
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vehicle, which has limited investment appeal compared to real estate. Its auction terms are standard, and its location in Thane provides accessibility. Overall, it presents a moderate investment prospect.
Contact Details
Branch:Branch Office : Small and Medium Enterprises Centre
Service Provider:BAANKNET
Contact Details:
Contact no:9892507818
