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Commercial Building SARFAESI Auction Symbolic Possession

236.32 sq meter Commercial Building for Auction in Navi Mumbai, Thane – BOB

Navi Mumbai, Thane, Maharashtra · Auction ID #3576

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Commercial Building for auction in Navi Mumbai, Thane – BOB – photo 1
Reserve Price ₹7,21,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 22 Oct 2026, 02:00 PM
EMD Last Date 22 Oct 2026, 05:30 PM
Area236.32 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
236.32 sq meter (≈ 2,543 sq ft)
Reserve price / sq ft
₹28,344
Locality
Navi Mumbai
City
Thane
Pincode
400705
Address
Navi Mumbai, Maharashtra, 400705 View on map

Description (as per sale notice)

Shop NO.5 on Ground and First Floor admeas-uring about 236.322 Square Meters Carpet Area of the building known as "Kshitij" and society known as Sanpada Kshitij Co Op-erative Housing Society Limited, constructed on plot no. 3, Sector 19, Sanpada, Navi Mumbai, Taluka and District Thane belonging to Mrs Pramoda H Shah and Mr. Harshad N Shah

BAANKNET Property ID: BARB25850593
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Bank & Auction Details

Bank / Lender
Bank of Baroda
Branch
ZONAL SARB, MUMBAI - 2585
Auction type
SARFAESI Auction
Borrower
M/s G***** A*** P** L**
Auction start
22 Oct 2026, 02:00 PM
Auction end
22 Oct 2026, 06:00 PM
EMD submission deadline
22 Oct 2026, 05:30 PM
Inspection
19 Oct 2026, 11:00 AM – 19 Oct 2026, 01:00 PM
Authorised officer
Dinesh Pratap, Chief Manager
Officer contact
9771419968
E-auction portal
BAANKNET (Property ID BARB25850593)
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Price Check

This listing's reserve price works out to ₹28,344 per sq ft. The average across commercial bank auctions in Thane on our site is ₹8,785 per sq ft, so this one is 223% 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 19 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BARB25850593)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 22 Oct 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 22 Oct 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 Bank of Baroda. Always verify every detail with the official notice and the authorised officer before paying any money.

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