Flat for Auction Mahim Palghar 15.3 Lakh by Tamilnad Mercantile Bank Limited 419575
Mahim, Palghar
Area: 29.63 sq. mtrs
Flat No. 406, Building No. 04, Paramount Enclave, Village Mahim, Taluka & District Palghar, Maharashtra - 401501
Tamilnad Mercantile Bank Limited · ANDHERI WEST BRANCH
Reserve price
₹15,30,000
EMD ₹1,53,000
Auction date
08 Oct 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Constructive
- ▸Area: 29.63 sq. mtrs
- ▸Locality: Mahim
- ▸Reserve: ₹15,30,000
- ▸EMD: ₹1,53,000
Auction snapshot
| Possession | Constructive |
| Property type | Flat · Residential |
| Locality | Mahim |
| Built-up / plot area | 29.63 sq. mtrs |
| Lender | Tamilnad Mercantile Bank Limited |
| Branch | ANDHERI WEST BRANCH |
| Unit / flat no. | 406 |
| Building / society | Paramount Enclave |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Mahim, Palghar by Tamilnad Mercantile Bank Limited — reserve price ₹15,30,000, 29.63 sq. mtrs, Constructive possession.
Explore this bank auction property opportunity featuring a residential flat in the well-known 'Paramount Enclave', Mahim, Palghar. This 29.63 sq. mtrs property is located on the 4th floor and is available for auction by Tamilnad Mercantile Bank. Perfectly suited for budget home buyers and investors, this unit in Palghar offers a strategic location with a reserve price of ₹15.30 Lakhs. Don't miss out on this affordable residential real estate investment. Participate in the upcoming e-auction to secure this property. For further details on the auction process and property inspection, contact the Andheri West Branch of Tamilnad Mercantile Bank. Invest in Palghar real estate today through this transparent bank auction process.
GeoSquare note: The property offers an affordable entry point for residential ownership in the growing Palghar district. While the size is compact, the reserve price is competitive for the region. Note that the bank currently holds 'constructive' possession, which requires due diligence regarding the physical acquisition of the flat.
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