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Flat SARFAESI Auction Symbolic Possession

67.66 sq meter Flat for Auction in Bhiwandi, Thane – Union Bank

Bhiwandi, Thane, Maharashtra · Auction ID #3356

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Flat for auction in Bhiwandi, Thane – Union Bank – photo 1
Flat for auction in Bhiwandi, Thane – Union Bank – photo 2
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Reserve Price ₹48,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM
EMD Last Date 29 Sep 2026, 04:59 PM
Area67.66 sq meter
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
67.66 sq meter (≈ 728 sq ft)
Reserve price / sq ft
₹6,659
Locality
Bhiwandi
City
Thane
Pincode
421302
Address
Bhiwandi, Maharashtra, 421302 View on map

Description (as per sale notice)

Flat No. 302, 3rd Floor, B-wing, Gayatri Classic Building, Near BramhaKumari Sankruti Bhavan, Kamatghar -Fenegaon Road, Bhiwandi. Village Fene, Taluka Bhiwandi, District Thane-421302, Maharashtra admeasuring 67.66 Sq.mtrs. (Carpet Area) at village Fene, Tal. Bhiwandi in the registration District and sub district of Bhiwandi and within the limits of Bhiwandi & Nizampur Muncipal Corporation. In the Name of Mr.Krishna Kumar Shukla & Mrs. Kusum Shukla

BAANKNET Property ID: UBINMUMARB6173
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ARB - MUMBAI SAMACHAR MARG-553352
Auction type
SARFAESI Auction
Borrower
Mr. K***** K**** S*****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
29 Sep 2026, 04:59 PM
Inspection
—
Authorised officer
amit masram
Officer contact
7875832686
E-auction portal
BAANKNET (Property ID UBINMUMARB6173)
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Price Check

This listing's reserve price works out to ₹6,659 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,189 per sq ft, so this one is 19% 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 (BAANKNET (Property ID UBINMUMARB6173)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 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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