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

Flat for Auction Katrap Thane 15.9 Lakh by Gs Mahanagar Co Operative Bank Ltd

Katrap, Thane

Area: 580 sq. ft.

Flat No. 02, Gr. Floor, Sankalpana Apartment, Vibhag No. 10/25, Survey No. 32, Hissa No. 07(P), Plot No. 02, Near Registration Office-Katrap, Badlapur, Dist-Thane

GS Mahanagar Co Operative Bank Ltd., · Registered Office

Reserve price

₹15,94,000

EMD ₹1,60,000

Auction date

21 Aug 2026, 03:00 PM

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Quick read

  • ▸Possession: Physical
  • ▸Area: 580 sq. ft.
  • ▸Locality: Katrap
  • ▸Reserve: ₹15,94,000
  • ▸EMD: ₹1,60,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityKatrap
Built-up / plot area580 sq. ft.
LenderGS Mahanagar Co Operative Bank Ltd.,
BranchRegistered Office
Unit / flat no.Flat No. 02
Building / societySankalpana Apartment
FloorGround Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Flat bank auction in Katrap, Thane by GS Mahanagar Co Operative Bank Ltd., — reserve price ₹15,94,000, 580 sq. ft., Physical possession.

Participate in the upcoming bank auction property sale by GS Mahanagar Co-operative Bank Ltd. We are offering a residential flat for sale in Badlapur, Thane. Located at Sankalpana Apartment, Katrap, this ground floor flat covers an area of 580 sq. ft. This is an excellent opportunity for home buyers and investors looking for affordable housing in the Thane district. The reserve price is set at ₹15,94,000. Interested bidders must submit their applications by 21/08/2026. This property is being sold on an 'As is where is' and 'As is what is' basis. Don't miss this chance to acquire a residential asset in a prime location. Schedule your property inspection for 17/08/2026.

GeoSquare note: This property is a strong buy due to its ground floor location and clear 'Physical' possession status, which reduces risks for the buyer. The reserve price is competitively set for the Badlapur area, making it an attractive residential investment. Given the bank's active recovery process, the title transition is expected to be streamlined.

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