Oricon Enterprises Limited — Others, 20-06-2025: Copy of Newspaper Publication

Bank of India is initiating an e-auction of a flat in Thane West to recover dues of Rs.1.44 Cr plus interest and expenses from the borrower and guarantors due to default. The sale will be conducted online on an “as is where is” basis, with a reserve price of Rs.1.37 Cr and an earnest money deposit of Rs.13.7 lakh. Interested buyers must complete registration and deposit formalities by the stipulated deadline. The auction offers an opportunity for investors to acquire the asset while enabling the bank to recover non-performing advances. Non-compliance by the successful bidder will lead to forfeiture and re-auction.