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

Flat for Auction Kailash Colony Thane 24.2 Lakh by Central Bank of India 25 May 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

Central Bank of India · Nariman Point Mumbai

Reserve price

₹24,18,000

EMD ₹2,42,000

Auction date

25 May 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
Bid increment₹2,500
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.

Bank auction property! A residential flat located in Mahalaxmi Palace, Kailash Colony, Ulhasnagar. The property offers 604.60 Sq.Ft. of living space. Central Bank of India offers an e-auction. The reserve price is ₹2418000.0. EMD is ₹242000.0. This bank auction property could be the ideal investment for those looking for flats for sale in Ulhasnagar. Perfect for families and individuals.

GeoSquare note: The property is a flat in Ulhasnagar with a reserve price of ₹2418000.0. Its location in Kailash Colony may be a key selling point, and the physical posession provides added security. However, potential investors should assess the current market trends and local developments before making a decision.

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