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

Flat for Auction Mahim Palghar 15.3 Lakh by Tamilnad Mercantile Bank Limited 419738

Mahim, Palghar

Area: 29.63 sq. mtrs

Flat No.501, Building No.04, Paramount Enclave, Village Mahim, Taluka & District Palghar-401404

Tamilnad Mercantile Bank Limited · ANDHERI WEST BRANCH

Reserve price

₹15,30,000

EMD ₹1,53,000

Auction date

08 Oct 2026, 03:00 PM

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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

PossessionConstructive
Property typeFlat · Residential
LocalityMahim
Built-up / plot area29.63 sq. mtrs
LenderTamilnad Mercantile Bank Limited
BranchANDHERI WEST BRANCH
Unit / flat no.501
Building / societyParamount Enclave
Floor5th Floor
Auction typeSARFAESI Auction
Service providerPublic 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.

Participate in the bank auction of this residential property located in Paramount Enclave, Mahim, Palghar. This bank auction property features a 29.63 sq. mtrs carpet area flat situated on the 5th floor. Ideal for buyers seeking a residential unit in Palghar, this flat is being auctioned by Tamilnad Mercantile Bank Limited. The reserve price is set at ₹15,30,000 with an EMD of ₹1,53,000. Don't miss this opportunity to acquire a residential flat in a well-connected area. The auction is scheduled for 08-10-2026. Review the property details and legal status before bidding. For more information regarding this residential flat for sale in Mahim, Palghar, contact the Andheri West branch of Tamilnad Mercantile Bank.

GeoSquare note: The property is located in a developing region of Palghar with a very attractive reserve price for a residential unit. While the possession status is constructive, the clear identification of boundaries and society details adds transparency to the investment. It represents a strong buy for budget-conscious home buyers or investors looking for affordable entry-level residential assets.

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