Flat for Auction Ambarnath Thane 17.3 Lakh by Union Bank of India 24 Jun 2026

Quick read

• ▸Possession: Symbolic
• ▸Locality: Ambarnath
• ▸Reserve: ₹17,33,000
• ▸EMD: ₹1,73,000

About this property

Flat bank auction in Ambarnath, Thane by Union Bank of India — reserve price ₹17,33,000, Symbolic possession.

Discover a compelling opportunity to acquire a residential flat via bank auction in the rapidly developing area of Ambarnath, Thane. This 4th-floor flat, number 402, is situated in the well-known Amar Darshan CHSL, Village Belawali. Offered by Union Bank of India, this bank auction property has an attractive reserve price of ₹1,733,000.00. Bidders are required to submit an Earnest Money Deposit (EMD) of ₹173,000.00. The e-auction is scheduled for June 24, 2026, from 12:00 PM to 05:00 PM. While the possession status is symbolic, encumbrances are not known to the secured creditor, making this an interesting prospect for homeowners or investors looking for properties in Thane. Explore this residential flat for sale and seize a potential high-value investment.

GeoSquare note: This residential flat in Ambarnath, Thane, presents a fair investment opportunity at a competitive reserve price. The 'Symbolic' possession status indicates the bank has not taken physical possession, which might require additional due diligence from the buyer. However, the property's location in a developing area within Thane offers potential for appreciation. The relatively low reserve price makes it an accessible option, but buyers should factor in the implications of symbolic possession.