Representative illustration — Flat bank auction in Atgaon, Prem Narayan Residency
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Atgaon Prem Narayan Residency Thane 11 Lakh by Asset Reconstruction Company India Ltd Arcil 28 Jul 2026

Atgaon, Prem Narayan Residency, Thane

Area: 370.0 sq. ft.

Flat No.504, On 5th Floor, Bldg No.B3, Survey No.58, Hissa No.2/2, Prem Narayan Residency, at Atgaon, Tal: Shahapur, Thane, 421601, Maharashtra, India

Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai

Reserve price

₹11,01,000

EMD ₹1,10,100

Auction date

28 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 370.0 sq. ft.
  • Locality: Atgaon, Prem Narayan Residency
  • Reserve: ₹11,01,000
  • EMD: ₹1,10,100

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityAtgaon, Prem Narayan Residency
Built-up / plot area370.0 sq. ft.
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchDadar West, Mumbai
Unit / flat no.Flat No.504
Building / societyBldg No.B3, Prem Narayan Residency
Floor5th Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerPublic Auction

About this property

Flat bank auction in Atgaon, Prem Narayan Residency, Thane by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹11,01,000, 370.0 sq. ft., Physical possession.

Discover an excellent opportunity to acquire a residential flat through a bank auction. This property, Flat No. 504 on the 5th floor of Bldg No. B3, Prem Narayan Residency, is located in the vibrant area of Atgaon, Shahapur, Thane, Maharashtra. Boasting a super built-up area of 370.00 sq. ft., this flat is ideal for homebuyers or investors. The auction, conducted by Asset Reconstruction Company (India) Ltd. (Arcil), has a competitive reserve price of ₹1,101,000.0 and requires an EMD of ₹110,100.0. Physical possession is scheduled for November 19, 2025. The e-auction is set for July 28, 2026, from 11:00 AM to 01:00 PM, with property inspection available on July 23, 2026. Don't miss this chance to own a bank auction property in a promising location.

GeoSquare note: This residential flat in Atgaon, Shahapur, Thane, presents a strong investment opportunity, especially with its physical possession status, offering certainty to buyers. The property is well-located within Prem Narayan Residency and has a reasonable reserve price of ₹1,101,000.0, making it an attractive option for both end-users and investors. The clear auction details and transparent contact information further enhance its appeal.

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