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

Flat for Auction Kailash Colony Thane 24.2 Lakh by Central Bank of India 24 Apr 2026

Kailash Colony, Thane

Area: 604.60 Sq.Ft.

Mahalaxmi Palace Kailash Colony, U. No. 10, Chalta No 25/2, Sheet No 70, Section 2-B Thane-421005 , Ulhasanagar-5

Central Bank of India · Nariman Point Mumbai

Reserve price

₹24,18,000

EMD ₹2,42,000

Auction date

24 Apr 2026, 10:00 AM

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Quick read

  • Possession: Physical
  • Area: 604.60 Sq.Ft.
  • Locality: Kailash Colony
  • Reserve: ₹24,18,000
  • EMD: ₹2,42,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityKailash Colony
Built-up / plot area604.60 Sq.Ft.
LenderCentral Bank of India
BranchNariman Point Mumbai
Unit / flat no.101
Building / societyMahalaxmi Palace
Floor1st
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Kailash Colony, Thane by Central Bank of India — reserve price ₹24,18,000, 604.60 Sq.Ft., Physical possession.

This bank auction property presents an excellent opportunity to acquire a residential flat in Ulhasnagar, Thane. The property is a 1BHK flat situated in Mahalaxmi Palace, Kailash Colony. With a built-up area of 604.60 sq.ft., this flat is ideal for small families or individuals. The auction is being conducted by Central Bank of India. Don't miss this chance to own a bank auction property in a prime location. Check the auction details and participate to secure this flat at a competitive price.

GeoSquare note: Located in Kailash Colony, Ulhasnagar, this flat offers a good investment opportunity due to its prime location and physical possession status. With a reserve price of ₹2418000.0, it falls within an affordable range for potential buyers. Given the physical possession and the established locality, this property presents a strong buy option.

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