421 sq feet Flat for Auction in Asangaon, Thane – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

421 sq feet (≈ 421 sq ft)

Reserve price / sq ft

₹2,672

Locality

Asangaon

City

Thane

State

Maharashtra

Pincode

421601

Address

Asangaon, Maharashtra, 421601 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MUMBAI SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

ABUBAKAR U***** A*****

Auction start

22 Oct 2026, 11:00 AM

Auction end

22 Oct 2026, 12:00 PM

EMD submission deadline

22 Oct 2026, 10:30 AM

Inspection

—

Authorised officer

RUPESH PILLEWAN

Officer contact

9380160126

E-auction portal

BAANKNET (Property ID CNRBABUBAKAR002)

Price Check

This listing's reserve price works out to ₹2,672 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,266 per sq ft, so this one is 68% 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 CNRBABUBAKAR002)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 22 Oct 2026, 10:30 AM. 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.