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Commercial in VASHI NAVI MUMBAI

VASHI NAVI MUMBAI, Navi Mumbai

Reserve price
₹1.00 Cr
Auction date
10 Mar 2026
11:00 AM
EMD deadline
26 Sept 2025
5:00 PM
Bid increment
₹50,000.00

Location details

Property Address
UNIT NOS 113, 116 & 117 , FIRST FLOOR , BUILDING KNOWN AS KRISHNA GOVINDA COMPLEX , NEAR GOPALA RESIDENCY , MAFCO ROAD, PLOT NO 25 & 26 , SECTOR 24 , VASHI , NAVI MUMBAI 400703
Locality: VASHI NAVI MUMBAI
City: Navi Mumbai
District: Thane
State: Maharashtra
Pin Code: 400703
Country: India

Auction timeline

Auction starts
10 Mar 2026 at 11:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
26 Sept 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.11 Cr
Property Identifiers
Bank Property ID
BKIDMNZARMB222
Collateral ID
ZB822190505/2

Property Images

Price history

4 previous auctions
₹1.1Cr25 Aug₹1.1Cr₹1.0CrNow 9.9% down
₹1,00,00,000.00
28 Jan 2026
Commercial
Bank of India logoBank of IndiaPossession: Physical
₹1,11,00,000.00
25 Nov 2025
Commercial
Bank of India logoBank of IndiaPossession: Physical
₹1,11,00,000.00
26 Sep 2025
Commercial
Bank of India logoBank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
M/S MAHAVIR ROADS AND INFRASTRUCTURE PVT LTD
Registered Address of Borrower
601/602, 6th Floor, Destination SRA CHS Limited, CTS No 5,Near Shopper Stop, Chembur West , MUMBAI MAHARASHTRA 400089
Owner
M/S MAHAVIR SALES CORPORATION
Ownership of Property
Guarantor
NPA Amount
₹139.15 Cr
NPA Date
31 Mar 2016
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ZB822190505/2
Customer ID
100800510
Demand Notice
Notice Date
16 Jan 2017
Notice Amount
₹139.15 Cr
Asset Classification
Classification Date
31 Mar 2016
Classification ID
1
Possession Dates
Physical
14 Jan 2025

Additional details

Property USP
NEAR SANPADA RAILWAY STATION
Description
PROPERTY IS SITUATED ON FIRST FLOOR CONSISTING OF 3 UNITS WITH BUILT UP AREA 865 SQ FT CONSTRUCTED AT YEAR 1997 FOR COMMERCIAL USE .

EMD Schedule

EMD Start
11 Feb 2026
11:54 AM
EMD Deadline
10 Mar 2026
5:00 PM
Payment Deadline
26 Sept 2025

Inspection Schedule

Inspection Start
05 Mar 2026
3:30 PM
Inspection End
05 Mar 2026
5:30 PM

Officer Details

Authorized Officer
SANJAI KUMAR ARYA
CHIEF MANAGER
Dealing Officer
jitendra kumar

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ZB822190505/2
Property ID
BKIDMNZARMB222
Bank of India logo
Bank of India
Verified seller
Branch: ASSET RECOVERY MANAGEMENT SERVICES-0159
IFSC: BKID

Bank contact

+91 22 2621 0407+91 77390 14174
Branch Address
BOI BLDG. FIRST FLOOR,28 ,SV ROAD ANDERI WEST
Branch IFSC
BKID0000159
Department
ASSET RECOVERY MANAGEMENT SERVICES-0159