A 426-acre land parcel in Dahisar (West), historically tied to Housing Development and Infrastructure Limited (HDIL), was put up for auction by Unity Small Finance Bank (USFB). The asset was earlier mortgaged to the erstwhile PMC Bank through Ravijyot Finance & Leasing Pvt Ltd and was transferred into USFB’s control following the merger. The plot was described as being located along the Dahisar river near the Dahisar crematorium at Anand Park, and possession was recorded as having been taken by the bank on December 26, 2023.

A recovery of ₹2,059.30 crore was stated as the objective by the lender, with the liability attributed to HDIL, Ravijyot, and promoters Rakesh and Sarang Wadhawan. A reserve price of ₹1,234.62 crore was fixed, and an earnest money deposit of ₹15 crore was sought fro

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