1,000 sq m Office for Auction in Thane – Art Housing Finance (India) Limited

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

1,000 sq m (≈ 10,763 sq ft)

Reserve price / sq ft

₹142

Locality

—

City

Thane

State

Maharashtra

Address

FLAT NO. 302, 3RD FLOOR, WING-B, BUILDING KNOWN AS "VELACITY RESIDENCY" SITUATED ON SURVEY NO. 45, HISSA NO.9G ADMEASURING AREA 10 GUNTHE (1000 SQ. MTRS.) VILLAGE- ADIVALI- DHOKALI IN TALUKA- AMBERNATH AND SUB REGISTRATION OFFICE DISTRICT OF ULHASNAGAR AND REGISTRATION DISTRICr THANE, MAHARASTHRA WITHIN THE LIMITS OF GRAM PANCHAYAT ADIVALI-DHOKALI WITH STRUCTURE THEREON. Boundaries: • EAST:SURVEY NO.45/9F. • WEST:SURVEY NOA5/12A. • NORTH: SURVEY NO. 45/9G. • souTH: SURVEY NO. 45/12A. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Art Housing Finance (India) Limited

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

30 Sep 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464057

Price Check

This listing's reserve price works out to ₹142 per sq ft. The average across commercial bank auctions in Thane on our site is ₹10,300 per sq ft, so this one is 99% 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 (AuctionTiger · Auction ID 464057), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 30 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.