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

Flat for Auction Mahim Palghar 18.2 Lakh by Bank of Maharashtra

Mahim, Palghar

Area: 337 sq. ft.

Flat No 404, 4th Floor, Ambrosia-7, Type B-1, S.No. 403/1, 403/1P, Village Mahim, Taluka Palghar, District Palghar

Bank of Maharashtra · Zonal Office Thane

Reserve price

₹18,19,800

EMD ₹1,81,980

Auction date

28 Oct 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 337 sq. ft.
  • Locality: Mahim
  • Reserve: ₹18,19,800
  • EMD: ₹1,81,980

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMahim
Built-up / plot area337 sq. ft.
LenderBank of Maharashtra
BranchZonal Office Thane
Unit / flat no.404
Building / societyAmbrosia-7
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Flat bank auction in Mahim, Palghar by Bank of Maharashtra — reserve price ₹18,19,800, 337 sq. ft., Symbolic possession.

Explore this bank auction property located in the serene locality of Mahim, Palghar. This residential flat, situated in the Ambrosia-7 building, offers a carpet area of 337 sq. ft. on the 4th floor. This bank auction presents an excellent opportunity for homebuyers and investors looking for affordable real estate in the Palghar district. The property is being sold by the Bank of Maharashtra under 'As is where is' and 'As is what is' basis. With a competitive reserve price of ₹18,19,800, this flat is an ideal investment for those seeking a value-for-money property. Interested bidders must complete their EMD submission by 28-10-2026. Don't miss out on this prime residential asset in Palghar. Contact the bank for further inspection details and participate in the upcoming e-auction.

GeoSquare note: The property is located in a developing area of Palghar with an attractive entry price, making it suitable for budget-conscious buyers. However, the 'Symbolic' possession status and the distant auction date suggest a need for thorough due diligence regarding legal title and actual site access before bidding.

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