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 16.3 Lakh by Asset Reconstruction Company India Ltd Arcil 28 Jul 2026

Gotheghar Wafe, Thane

Area: 384.0 sq. ft.

Flat No A 303, 3rd Floor, A Wing, Type B Building, Survey No.51/3/P, Plot No.17, Shantaram Park, Residency, Opp. Bhasta Colony, Gotheghar Wafe, Shahpur, Thane, 421601, Maharashtra, INDIA

Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai

Reserve price

₹16,32,000

EMD ₹1,63,200

Auction date

28 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 384.0 sq. ft.
  • Locality: Gotheghar Wafe
  • Reserve: ₹16,32,000
  • EMD: ₹1,63,200

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityGotheghar Wafe
Built-up / plot area384.0 sq. ft.
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchDadar West, Mumbai
Unit / flat no.Flat No A 303
Building / societyShantaram Park, Residency, A Wing, Type B Building
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerPublic Auction

About this property

Flat bank auction in Gotheghar Wafe, Thane by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹16,32,000, 384.0 sq. ft., Physical possession.

Discover a residential flat (Flat No A 303) on the 3rd floor of Shantaram Park Residency, Gotheghar Wafe, Shahapur, Thane, Maharashtra (Pin: 421601) available through a bank auction. Offered by Asset Reconstruction Company (India) Ltd. (ARCIL), this property boasts a carpet area of 384 sq. ft. (saleable area 564 sq. ft.) and is set at a reserve price of ₹16,32,000. The e-auction is scheduled for July 28, 2026, with an EMD of ₹1,63,200. With physical possession available from March 23, 2026, this bank auction property presents a strong investment opportunity for buyers seeking a residential flat in Thane.

GeoSquare note: This residential flat in Shahapur, Thane, offers a good investment opportunity, especially with physical possession available. The reserve price of ₹16.32 lakhs for a 384 sq. ft. carpet area flat in a developing area makes it an attractive option for potential homeowners or investors. The location in Shantaram Park Residency adds to its appeal, suggesting a well-established community.

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