530 sq feet Flat for Auction in Upper Thane, Bhiwandi, Thane – CBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

530 sq feet (≈ 530 sq ft)

Reserve price / sq ft

₹8,309

Locality

Upper Thane, Bhiwandi

City

Thane

State

Maharashtra

Pincode

421311

Address

Upper Thane, Bhiwandi, Maharashtra, 421311 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

PEDDER ROAD, MUMBAI-626

Auction type

SARFAESI Auction

Borrower

Mr. S***** B***** S*****

Auction start

18 Nov 2026, 10:00 AM

Auction end

18 Nov 2026, 06:38 PM

EMD submission deadline

18 Nov 2026, 06:00 PM

Inspection

11 Nov 2026, 12:03 PM – 11 Nov 2026, 04:00 PM

Authorised officer

Shambhu Chaudhary

Officer contact

9096237069

E-auction portal

BAANKNET (Property ID CBIN1894626salunkhe)

Price Check

This listing's reserve price works out to ₹8,309 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,266 per sq ft, so this one is 1% 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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBIN1894626salunkhe)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.