Representative illustration — Flat bank auction in Airoli
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Airoli Navi Mumbai 43 Lakh by Axis Bank

Airoli, Navi Mumbai

Area: 186 sq. ft.

Flat No. 11, 2nd Floor, AL 4/16, Virat Apartment, Sector 16, Airoli, Mumbai

Axis Bank · Stressed Assets Group

Reserve price

₹43,00,000

EMD ₹4,30,000

Auction date

13 Oct 2026, 01:00 PM

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Quick read

  • ▸Possession: Physical
  • ▸Area: 186 sq. ft.
  • ▸Locality: Airoli
  • ▸Reserve: ₹43,00,000
  • ▸EMD: ₹4,30,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityAiroli
Built-up / plot area186 sq. ft.
LenderAxis Bank
BranchStressed Assets Group
Unit / flat no.Flat No. 11
Building / societyVirat Apartment
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerdrt.auctiontiger.net

About this property

Flat bank auction in Airoli, Navi Mumbai by Axis Bank — reserve price ₹43,00,000, 186 sq. ft., Physical possession.

Participate in the upcoming bank auction for a residential property located in Virat Apartment, Sector 16, Airoli, Navi Mumbai. This flat, measuring 186 sq. ft. and situated on the 2nd floor, is being offered by Axis Bank under SARFAESI Act provisions. This bank auction property is an excellent opportunity for investors seeking a budget-friendly residential asset in a well-connected locality of Navi Mumbai. With physical possession taken by the bank and no known encumbrances, this transparent auction process ensures a secure transaction. Interested buyers must submit their EMD by 12th October 2026 to participate in the e-auction scheduled for 13th October 2026. Do not miss this chance to acquire a property in a prime residential hub.

GeoSquare note: This property is a strong investment choice due to its location in a developed residential sector of Airoli and the fact that the bank has taken physical possession, reducing legal risks. The reserve price of ₹43 Lakhs is competitive for the region. It is ideal for small-scale investors or as a low-entry-cost residential asset.

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