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

Flat for Auction Gotheghar Wafe Thane 16 Lakh by Phoenix Arc Private Limited

Gotheghar Wafe, Thane

Area: 309.00 sq. ft.

Flat No A 306, 3Rd Floor, A Wing, Type B Building, Survey No 51/3/P, Plot No.17, Opp Bhasta Colony Gotheghar Wafe, Shantaram Park Residency, Shahpur, Thane, 421601, Maharashtra

Phoenix ARC Private Limited · Regd. Office - Mumbai

Reserve price

₹16,03,800

EMD ₹1,60,380

Auction date

17 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 309.00 sq. ft.
  • Locality: Gotheghar Wafe
  • Reserve: ₹16,03,800
  • EMD: ₹1,60,380

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityGotheghar Wafe
Built-up / plot area309.00 sq. ft.
LenderPhoenix ARC Private Limited
BranchRegd. Office - Mumbai
Unit / flat no.Flat No A 306
Building / societyShantaram Park Residency
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerPublic Auction

About this property

Flat bank auction in Gotheghar Wafe, Thane by Phoenix ARC Private Limited — reserve price ₹16,03,800, 309.00 sq. ft., Physical possession.

Explore this residential bank auction property located in the serene Shantaram Park Residency, Shahapur, Thane. This 1 BHK flat, spanning a carpet area of 309 sq. ft., is situated on the 3rd floor of A Wing. Ideal for first-time homebuyers or real estate investors looking for affordable housing in Maharashtra, this property is being auctioned by Phoenix ARC Private Limited. With a reserve price of ₹16,03,800, this is a prime opportunity to acquire a residential asset in a growing locality. The auction is scheduled for September 17, 2026. Interested bidders must submit the EMD by September 15, 2026. Don't miss this chance to invest in a property with clear physical possession status. Contact the bank for inspection details and participate in the e-auction process to secure this residential flat.

GeoSquare note: This property is a strong buy due to the combination of physical possession status and an affordable reserve price, which lowers the risk profile for investors. Located in the developing Shahapur region of Thane, it offers decent value for residential utility. The clear auction timeline and transparent EMD process further enhance its appeal as a viable real estate investment.

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