672 sq ft Flat for Auction in Bhiwandi – KVB

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

672 sq ft

Reserve price / sq ft

₹4,167

Locality

—

City

Bhiwandi

State

Maharashtra

Pincode

421302

Address

All that piece and parcel on Residential Flat D-1/1104, D1 Building, 11th floor, admeasuring built up area 672 sqft, Arihant City Phase-1, Survey No. 116/P, 2P, 118/7, 9, 11P, 119/1P, 2P, 4, 8P, Near Sai Baba Temple, Bhiwandi, Dist Thane Maharashtra 421302 Boundaries as under : East : D-2 Building and Road West : D Building South : Road and Open Plot North : Garden Plot View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Bhiwandi

Auction type

SARFAESI Auction

Borrower

Mr B***** G***** P*****

Auction start

08 Oct 2026, 11:00 AM

Auction end

08 Oct 2026, 12:00 PM

EMD submission deadline

07 Oct 2026, 03:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405376

Price Check

This listing's reserve price works out to ₹4,167 per sq ft. The average across residential bank auctions in Bhiwandi on our site is ₹1,248 per sq ft, so this one is 234% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (bankauctions.in (4Closure) · Listing 2405376), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,80,000 before 07 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 8 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.