Representative illustration — Flat bank auction in Bhiwandi
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Bhiwandi Thane 34.2 Lakh by Axis Bank 16 Jun 2026

Bhiwandi, Thane

Area: 720 Sq

Village Bhadwad Bhadwad Road, Sonale Bhiwandi, Thane-421302

Axis Bank · Registered Office : Ahmedabad

Reserve price

₹34,20,000

EMD ₹3,42,000

Auction date

16 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 720 Sq
  • Locality: Bhiwandi
  • Reserve: ₹34,20,000
  • EMD: ₹3,42,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityBhiwandi
Built-up / plot area720 Sq
LenderAxis Bank
BranchRegistered Office : Ahmedabad
Unit / flat no.Flat No. 601
Building / societyRoyal Flora
FloorSixth Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Bhiwandi, Thane by Axis Bank — reserve price ₹34,20,000, 720 Sq, Physical possession.

This bank auction property offers a fantastic opportunity to own a flat in the thriving locality of Bhiwandi, Thane. The flat, located in the Royal Flora building, spans 720 Sq and is ideal for families. With a reserve price of ₹3420000.0 and an EMD of ₹342000.0, this Axis Bank auction provides an accessible entry point into the property market. Don't miss out on this promising investment in a well-connected area. The e-auction is scheduled for 2026-06-16.

GeoSquare note: This flat in Bhiwandi presents a strong buying opportunity, given its competitive reserve price and physical possession status. While the exact details of the building quality need assessment, the location in Thane and the moderate price range justify a "Strong Buy" recommendation. Prospective buyers should inspect the property thoroughly before participating in the auction.

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