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

Flat for Auction Ambernath Thane 38.3 Lakh by Bank of India 08 May 2026

Ambernath, Thane

Area: 790 Sq. Ft.

Flat no 501, 5th Floor, Wing F2, "Usha Kiran Residency", Village Kharwari, Near kharvai Ground, Neral, Badlapur East, Tal Ambernath, Dist Thane 421503

Bank of India · Specialised Asset Recovery Management Branch

Reserve price

₹38,27,000

EMD ₹3,82,700

Auction date

08 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 790 Sq. Ft.
  • Locality: Ambernath
  • Reserve: ₹38,27,000
  • EMD: ₹3,82,700

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityAmbernath
Built-up / plot area790 Sq. Ft.
LenderBank of India
BranchSpecialised Asset Recovery Management Branch
Unit / flat no.501
Building / societyUsha Kiran Residency
Floor5th Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Ambernath, Thane by Bank of India — reserve price ₹38,27,000, 790 Sq. Ft., Physical possession.

This bank auction property offers a fantastic opportunity to own a flat in Ambernath, Thane. Located in 'Usha Kiran Residency', this Flat 501 on the 5th floor, encompasses 790 Sq. Ft. The e-auction is scheduled for May 8, 2026, with a reserve price of ₹3827000 and an EMD of ₹382700. Don't miss out on this chance to acquire a bank auction property in a prime residential area. Physical posession is with Bank. Inspect on 29th April, contact Bank of India for details and seize this investment opportunity!

GeoSquare note: The property is a flat in Ambernath, Thane, with physical possession, which makes it a decent investment. The reserve price and EMD are moderate, indicating potential for reasonable returns. Location is good but not premium and posession status is physical .

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