Flat for Auction Kavesar Thane 49.7 Lakh by Punjab National Bank
Kavesar, Thane
Area: 510 sq ft
Flat 14, 1st Floor, Building No 1 Vijay Garden Lotus CHSL Ghodbunder Road Near Suraj Water Park Village Kavesar Thane West-400615
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹49,73,000
EMD ₹4,97,300
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 510 sq ft
- ▸Locality: Kavesar
- ▸Reserve: ₹49,73,000
- ▸EMD: ₹4,97,300
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kavesar |
| Built-up / plot area | 510 sq ft |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Flat 14 |
| Building / society | Building No 1 Vijay Garden Lotus CHSL |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kavesar, Thane by Punjab National Bank — reserve price ₹49,73,000, 510 sq ft, Symbolic possession.
An excellent opportunity to acquire a residential flat (Flat 14) through a bank auction in Kavesar, Thane West. This 1st-floor unit, located in Building No 1 Vijay Garden Lotus CHSL on Ghodbunder Road near Suraj Water Park, offers a comfortable built-up area of 510 sq ft. The property is offered by Punjab National Bank with a reserve price of ₹4,973,000. Interested bidders must submit an EMD of ₹497,300 by July 16, 2026. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 4:00 PM. This bank auction property is under symbolic possession, making it a promising investment for prospective homeowners or investors in Thane.
GeoSquare note: This residential flat in Kavesar, Thane West, represents a strong buy due to its prime location in a developing area and the competitive reserve price. While the possession status is symbolic, which may require further legal steps, it's a common aspect of bank auctions. The property size and location near Ghodbunder Road enhance its investment appeal, offering good potential for appreciation.
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