Factory SARFAESI Auction Symbolic Possession

Factory for Auction in Bhiwandi, Thane – Union Bank

Bhiwandi, Thane, Maharashtra · Auction ID #118561

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Factory for auction in Bhiwandi, Thane – Union Bank – photo 1
Factory for auction in Bhiwandi, Thane – Union Bank – photo 2
Factory for auction in Bhiwandi, Thane – Union Bank – photo 3
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Reserve Price ₹1,29,00,000 3.6% lower than previous auction (₹1.34 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 12:00 PM In 12 days
EMD Last Date 26 Nov 2026, 05:00 PM In 12 days
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Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Bhiwandi
City
Thane
Pincode
421302
Address
Bhiwandi, Maharashtra, 421302 View on map

Description (as per sale notice)

Land and Building at Plot No. 11, Survey No. 7, Hissa No. 10, Admn:580.86 Sq Mtrs as Om Harihar Complex situated at Revenue Village Vadghar, Taluka Bhiwandi, District Thane Maharashtra

BAANKNET Property ID: UBINMUMARB4605
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB - MUMBAI SAMACHAR MARG-553352
Auction type
SARFAESI Auction
Borrower
M/s.Pratik I*****
Auction start
26 Nov 2026, 12:00 PM
Auction end
26 Nov 2026, 05:00 PM
EMD submission deadline
26 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
AMIT MASRAM
Officer contact
7875832686
E-auction portal
BAANKNET (Property ID UBINMUMARB4605)
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Previous Auctions of This Property

Auction dateReserve price
26 Nov 2026₹1,29,00,000This auction
13 Nov 2026₹1,33,85,000View

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 (BAANKNET (Property ID UBINMUMARB4605)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 26 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 Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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