425 sq ft Commercial Building for Auction in Thane – Ujjivan SFB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

425 sq ft

Reserve price / sq ft

₹2,101

Locality

—

City

Thane

State

Maharashtra

Address

Flat No. 204, on 2nd floor, area adm. 425 sq. fts., built-up area in the RCC building known as Laxmi Vrund, constructed on land bearing Survey No. 71, Hissa No. 4/8, situated within the limits of Grampanchayat Kalher of Village Kalher, Tal. Bhiwandi & Dist. Thane. Land bounded as East: Bunglow, West: Internal Road, South: Internal Road, North: Goodwill Building, owned by Mohammed Rais Idrish Shekh View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Kamothe

Auction type

SARFAESI Auction

Borrower

Mohammad R***** S****

Auction start

17 Nov 2026

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 469866

Price Check

This listing's reserve price works out to ₹2,101 per sq ft. The average across commercial bank auctions in Thane on our site is ₹8,785 per sq ft, so this one is 76% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 469866), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹89,300 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.