Flat for Auction Bhayandar East Thane 55 Lakh by Canara Bank
Bhayandar (East), Thane
Area: 395.0 Sq Ft
Shop No. A-21, Ground Floor, Shreeram Nagar "A" Co-operative Housing Society Ltd, Bhayandar (East), Thane, Maharashtra
Canara Bank · ARM BRANCH MUMBAI
Reserve price
₹55,00,000
EMD ₹5,50,000
Auction date
14 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 395.0 Sq Ft
- ▸Locality: Bhayandar (East)
- ▸Reserve: ₹55,00,000
- ▸EMD: ₹5,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Bhayandar (East) |
| Built-up / plot area | 395.0 Sq Ft |
| Lender | Canara Bank |
| Branch | ARM BRANCH MUMBAI |
| Unit / flat no. | A-21 |
| Building / society | Shreeram Nagar "A" Co-operative Housing Society Ltd |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Bhayandar (East), Thane by Canara Bank — reserve price ₹55,00,000, 395.0 Sq Ft, Symbolic possession.
Discover a prime commercial bank auction property: a 395 Sq Ft shop located on the Ground Floor of Shreeram Nagar "A" Co-operative Housing Society Ltd in Bhayandar East, Thane, Maharashtra. This strategically located shop, bearing No. A-21, offers significant investment potential. The auction is being conducted by Canara Bank with a reserve price of ₹5,500,000.00 and an EMD of ₹550,000.00. The e-auction date is 14th July 2026, with the last date for EMD submission on 13th July 2026. This commercial shop for sale is offered on a 'symbolic possession' basis. Don't miss this opportunity to acquire a valuable commercial asset in a well-connected area of Thane through a bank auction.
GeoSquare note: This commercial shop in Bhayandar East, Thane, presents a fair investment opportunity due to its location and type. The reserve price seems reasonable for a 395 sq ft commercial unit. However, the symbolic possession status introduces an element of risk and might require further legal processes to gain physical possession, which impacts its appeal and score. Its value hinges on market demand for commercial spaces in Bhayandar.
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