Commercial Building SARFAESI Auction Physical Possession

Commercial Building for Auction in Shahapur, Thane – Indian Bank

Shahapur, Thane, Maharashtra · Auction ID #112456

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Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 1
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 2
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 3
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 4
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 5
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 6
Commercial Building for auction in Shahapur, Thane – Indian Bank – photo 7
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Reserve Price ₹22,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 11:00 AM In 6 days
EMD Last Date 20 Nov 2026, 04:00 PM In 6 days
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Locality
Shahapur
City
Thane
Pincode
421601
Address
Shahapur, Maharashtra, 421601 View on map

Description (as per sale notice)

At Gala No .70,Oswal Industrial Estate ,Saralgam Udyog Nagar ,Asangaon -421601,Taluka –Shahpur ,Dist-Thane

BAANKNET Property ID: IDIB000TANVI1
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Bank & Auction Details

Bank / Lender
Indian Bank
Branch
DOMBIVELI EAST - 1231
Auction type
SARFAESI Auction
Borrower
M/s T**** P**** (***** S***** J*****
Auction start
20 Nov 2026, 11:00 AM
Auction end
20 Nov 2026, 05:00 PM
EMD submission deadline
20 Nov 2026, 04:00 PM
Inspection
13 Nov 2026, 10:00 AM – 19 Nov 2026, 05:00 PM
Authorised officer
RITESH RAKESH TIRKEY
Officer contact
9051674912
E-auction portal
BAANKNET (Property ID IDIB000TANVI1)
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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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IDIB000TANVI1)), 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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