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

Flat for Auction Mahim Palghar 17.6 Lakh by Tamilnad Mercantile Bank Limited

Mahim, Palghar

Area: 29.63 sq. mtrs

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

Tamilnad Mercantile Bank Limited · ANDHERI WEST BRANCH

Reserve price

₹17,62,000

EMD ₹1,76,200

Auction date

24 Sep 2026, 03:00 PM

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Quick read

  • Possession: Constructive
  • Area: 29.63 sq. mtrs
  • Locality: Mahim
  • Reserve: ₹17,62,000
  • EMD: ₹1,76,200

Auction snapshot

PossessionConstructive
Property typeFlat · Residential
LocalityMahim
Built-up / plot area29.63 sq. mtrs
LenderTamilnad Mercantile Bank Limited
BranchANDHERI WEST BRANCH
Unit / flat no.Flat No. 704
Building / societyParamount Enclave
Floor7th Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Flat bank auction in Mahim, Palghar by Tamilnad Mercantile Bank Limited — reserve price ₹17,62,000, 29.63 sq. mtrs, Constructive possession.

Participate in the upcoming bank auction property sale featuring a residential flat at Paramount Enclave, Palghar. This 29.63 sq. mtrs property, located on the 7th floor, is available for acquisition through Tamilnad Mercantile Bank Limited. Ideal for investors seeking a budget-friendly residential asset, this flat in Mahim, Palghar, offers a carpet area of 29.63 sq. mtrs plus a 5.40 sq. mtrs terrace. The auction is scheduled for 24.09.2026 with a reserve price of ₹17,62,000. Don't miss this opportunity to invest in a bank auction property in the growing locality of Palghar. Conduct thorough due diligence and prepare for the e-auction process to secure this asset.

GeoSquare note: The property is located in the developing region of Palghar and offers an entry-level price point for residential buyers. However, investors should note the constructive possession status and conduct a title search, as the auction is being held on 'As is where is' terms.

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