57.79 sq m Flat for Auction in Gharivali, Thane – Assets Care And Reconstruction Enterprise Limited

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

57.79 sq m (≈ 622 sq ft)

Reserve price / sq ft

₹74,271

Locality

Gharivali

City

Thane

State

Maharashtra

Pincode

421204

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Assets Care And Reconstruction Enterprise Limited

Branch

Assets Care and Reconstruction Enterprise Limited, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

Ashish D***** S***

Auction start

16 Oct 2026, 02:30 PM

Auction end

16 Oct 2026, 03:30 PM

EMD submission deadline

15 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India (bankeauctions.com)

Price Check

This listing's reserve price works out to ₹74,271 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,360 per sq ft, so this one is 788% 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 (open notice).
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 (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹46,20,000 before 15 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 16 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.