Flat for Auction Kailash Colony Ulhasnagar 5 Thane 24.2 Lakh by Central Bank of India 29 Jun 2026
Kailash Colony, Ulhasnagar-5, Thane
Area: 604.60 Sq.Ft.
Flat No 101, 1st floor, Building Known as Mahalaxmi Palace, Kailash Colony, U. No. 10, Chalta No 25/2, Sheet No 70, Section 2-B, Ulhasanagar-5, Thane-421005
Central Bank of India · Nariman Point Mumbai
Reserve price
₹24,18,000
EMD ₹2,42,000
Auction date
29 Jun 2026, 10:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 604.60 Sq.Ft.
- ▸Locality: Kailash Colony, Ulhasnagar-5
- ▸Reserve: ₹24,18,000
- ▸EMD: ₹2,42,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Kailash Colony, Ulhasnagar-5 |
| Built-up / plot area | 604.60 Sq.Ft. |
| Lender | Central Bank of India |
| Branch | Nariman Point Mumbai |
| Unit / flat no. | Flat No 101 |
| Building / society | Mahalaxmi Palace |
| Floor | 1st floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kailash Colony, Ulhasnagar-5, Thane by Central Bank of India — reserve price ₹24,18,000, 604.60 Sq.Ft., Physical possession.
Discover a prime investment opportunity with this bank auction property: a residential flat located on the 1st floor of Mahalaxmi Palace, Kailash Colony, Ulhasnagar-5, Thane. This flat, bearing No 101, boasts a built-up area of 604.60 Sq.Ft. and comes with physical possession, making it ready for immediate occupancy or rental income. The property is offered by Central Bank of India with a reserve price of ₹2,418,000.0 and an EMD of ₹242,000.0. The e-auction is scheduled for June 29, 2026, from 10:00 AM to 06:00 PM. Inspection is available on June 22, 2026. This commercial shop for sale in Ulhasnagar presents a strong 'bank auction property' opportunity in a well-established locality.
GeoSquare note: This residential flat offers a strong investment appeal due to its physical possession status and location in Ulhasnagar, Thane, a developing urban area. The defined reserve price and EMD amount make the auction terms transparent. Its category as a flat in a known building further adds to its marketability, justifying a 'Strong Buy' recommendation.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.