Representative illustration — Flat bank auction in Ambernath
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Ambernath Thane 15.6 Lakh by Canara Bank 16 May 2026

Ambernath, Thane

Area: 338 SQFT

PANVELKAR PRESTIGE PHASE II PANVELKAR GREEN CITY ROAD, VILLAGE MORIVALI IN AMBERNATH (E), DIST-THANE-421501

Canara Bank · Regional Office-Thane

Reserve price

₹15,58,050

EMD ₹1,55,805

Auction date

16 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 338 SQFT
  • Locality: Ambernath
  • Reserve: ₹15,58,050
  • EMD: ₹1,55,805

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityAmbernath
Built-up / plot area338 SQFT
LenderCanara Bank
BranchRegional Office-Thane
Unit / flat no.110
Building / societyPANVELKAR PRESTIGE PHASE II CHS LTD
FloorFirst
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Ambernath, Thane by Canara Bank — reserve price ₹15,58,050, 338 SQFT, Symbolic possession.

Bank auction property: Residential flat for sale in Ambernath, Thane. This 338 sqft flat is located in Panvelkar Prestige Phase II CHS LTD. The property is available through e-auction by Canara Bank with a reserve price of ₹1558050. Don't miss this opportunity to acquire a property in a prime location through a bank auction. The auction date is scheduled for 2026-05-16. This bank auction property offers great potential for investment. Contact Canara Bank for more details.

GeoSquare note: The property is a relatively small flat located in Ambernath, Thane, with a reserve price of ₹1558050. The symbolic possession status suggests potential delays or legal hurdles in obtaining full control. While the location may be desirable, the size and possession status temper the investment appeal, making it a fair option for those willing to take on some risk.

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