THANE, July 21 -- The Central Bank of India has once again put Wadia Realty's nearly 95-acre land parcel on Ghodbunder Road in Thane on the auction block, slashing the reserve price by more than Rs.150 crore from its earlier valuation, in a fresh attempt to recover dues linked to the defunct Go First airline. According to the latest sale notice issued by the bank, the consortium of lenders is now seeking a minimum of Rs.1,375 crore for the 94.71-acre property at Bhayanderpada, near Ovale Village of Botanium Limited. The reserve price has been successively reduced over the past two years after earlier auction attempts failed to attract buyers. In June 2026, the reserve price had been fixed at Rs.1,525 crore, but has now been lowered further. The e-auction is scheduled to be held on August 20. The sale notice states that Wadia Realty Private Limited is the mortgagor and corporate guarantor of Go Airlines (India) Limited, formerly GoAir. The land parcel is owned by Wadia Realty, part of the Bombay Dyeing Group. The proposed sale forms part of efforts by a consortium comprising Central Bank of India, Bank of Baroda, Dena Bank (before its merger with Bank of Baroda) and IDBI Bank to recover dues from the grounded airline under the provisions of the SARFAESI Act. Go Airlines owes Rs.3,918.55 crore to the consortium of banks, including principal and outstanding interest, according to the sale notice....