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

Flat for Auction Gates Budruk Palghar 35.2 Lakh by Bank of Maharashtra

Gates Budruk, Palghar

Area: 681.0 sq. ft.

Building No. 4, Malini (Nirvana Lifestyle Ventures), Village Gates Budruk, Taluka Wada, District Palghar 421303

Bank of Maharashtra · Mumbai South Zonal Office,

Reserve price

₹35,20,000

EMD ₹3,52,000

Auction date

05 Aug 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 681.0 sq. ft.
  • Locality: Gates Budruk
  • Reserve: ₹35,20,000
  • EMD: ₹3,52,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityGates Budruk
Built-up / plot area681.0 sq. ft.
LenderBank of Maharashtra
BranchMumbai South Zonal Office,
Unit / flat no.Flat No. 101 & Flat No. 102
Building / societyMalini (Nirvana Lifestyle Ventures)
FloorGround Floor (Flat No. 101) & First Floor (Flat No. 102)
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Gates Budruk, Palghar by Bank of Maharashtra — reserve price ₹35,20,000, 681.0 sq. ft., Physical possession.

Explore a valuable bank auction property: two residential flats (Flat 101 and Flat 102) available in the Malini (Nirvana Lifestyle Ventures) complex, Building No. 4, located in Gates Budruk, Wada, Palghar 421303. Flat 101 offers 280 sq ft carpet area on the ground floor, while Flat 102 provides 401 sq ft carpet area on the first floor, totaling 681 sq ft. This property boasts physical possession, making it an attractive 'bank auction property' for immediate occupancy or investment. The reserve price is ₹35,20,000, with an EMD of ₹3,52,000. The e-auction is scheduled for August 5, 2026, presenting a solid opportunity in a growing region near Palghar.

GeoSquare note: This property offers a strong investment opportunity primarily due to its physical possession status, which is a significant advantage. The sale includes two flats (Flat 101 and 102) with a combined carpet area of 681 sq ft at a competitive reserve price of ₹35.20 Lakhs. Located in Gates Budruk, Wada, Palghar, a developing area, the property has good potential for appreciation, making it a highly recommended acquisition.

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