172 sq feet Commercial Building for Auction in Kalyan, Thane – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

172 sq feet (≈ 172 sq ft)

Reserve price / sq ft

₹12,727

Locality

Kalyan

City

Thane

State

Maharashtra

Pincode

421202

Address

Kalyan, Maharashtra, 421202 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM LARGE MUMBAI - 1507

Auction type

SARFAESI Auction

Borrower

M/s V***** C*****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

20 Nov 2026, 04:00 PM

Inspection

17 Nov 2026, 11:00 AM – 17 Nov 2026, 04:00 PM

Authorised officer

MD SHAMSUL ANSARI

Officer contact

9003021786

E-auction portal

BAANKNET (Property ID IDIBVIVAANSHOP002)

Price Check

This listing's reserve price works out to ₹12,727 per sq ft. The average across commercial bank auctions in Thane on our site is ₹8,785 per sq ft, so this one is 45% above 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 17 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBVIVAANSHOP002)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
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.