Representative illustration — Flat bank auction in Chikal Dongre, Vasai
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Chikal Dongre Vasai Palghar 28.7 Lakh by Punjab National Bank

Chikal Dongre, Vasai, Palghar

Area: 642 sq. ft.

Flat No 1102, I Wing, Bharat Ercade, Building No.2 Sector Village Chikal Dongre, Taluka Vasai, Dist Palghar-401202

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹28,72,000

EMD ₹2,87,200

Auction date

06 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 642 sq. ft.
  • Locality: Chikal Dongre, Vasai
  • Reserve: ₹28,72,000
  • EMD: ₹2,87,200

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityChikal Dongre, Vasai
Built-up / plot area642 sq. ft.
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.1102
Building / societyBharat Ercade, I Wing
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Chikal Dongre, Vasai, Palghar by Punjab National Bank — reserve price ₹28,72,000, 642 sq. ft., Physical possession.

Discover a prime residential opportunity with this bank auction property located in Bharat Ercade, Chikal Dongre, Vasai. This 642 sq. ft. flat is being offered by Punjab National Bank under SARFAESI Act proceedings. Located in the developing region of Palghar, this flat is an excellent choice for homebuyers and investors looking for affordable housing in the Mumbai Metropolitan Region. With a competitive reserve price of ₹28,72,000 and physical possession held by the bank, this auction presents a transparent and secure investment pathway. Participate in the upcoming e-auction on 2026-10-06 to secure this residential asset. Don't miss this chance to acquire property in a well-connected locality through a formal bank sale process.

GeoSquare note: This property is a strong investment choice given its residential nature and the fact that the bank holds physical possession, which simplifies the acquisition process. Located in the growing Vasai-Palghar belt, the flat offers good value for its size and reserve price. It is recommended for end-users and investors seeking an entry point into the affordable housing segment.

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