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

Flat for Auction Jovelii Thane 23.5 Lakh by Bank of Maharashtra

Jovelii, Thane

Area: 465 sq. ft.

Flat no. 604, 6th Floor, A wing, Matoshree Park, Survey no 2/3, 3/3, Village Jovelii, Taluka Ambernath, Thane-421501

Bank of Maharashtra · Asset Recovery Branch

Reserve price

₹23,50,000

EMD ₹2,35,000

Auction date

18 Aug 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 465 sq. ft.
  • Locality: Jovelii
  • Reserve: ₹23,50,000
  • EMD: ₹2,35,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityJovelii
Built-up / plot area465 sq. ft.
LenderBank of Maharashtra
BranchAsset Recovery Branch
Unit / flat no.604
Building / societyMatoshree Park
Floor6th Floor
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Flat bank auction in Jovelii, Thane by Bank of Maharashtra — reserve price ₹23,50,000, 465 sq. ft., Physical possession.

Participate in this exclusive bank auction property listing by the Bank of Maharashtra. Up for sale is a residential flat located in Matoshree Park, Village Jovelii, Ambernath, Thane. The property features a 465 sq. ft. carpet area, situated on the 6th floor of 'A' wing. This is a secure investment opportunity with Physical possession held by the bank. With a reserve price of ₹23.5 Lakh, this flat is ideally suited for budget-conscious homebuyers or investors looking for property in the growing Ambernath locality. The auction is scheduled for 18-08-2026. Don't miss this chance to acquire a residential asset at a competitive price. For more details on this bank auction property in Ambernath, contact the Asset Recovery Branch of Bank of Maharashtra.

GeoSquare note: This property is a strong investment option due to its Physical possession status, which simplifies the acquisition process compared to symbolic possession. Located in the developing hub of Ambernath with a very affordable reserve price of ₹23.5 Lakh for a 465 sq. ft. unit, it offers excellent value for first-time homebuyers.

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