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

Flat for Auction Mahim Palghar 18.8 Lakh by Axis Bank

Mahim, Palghar

Area: 31.59 Sq.mtrs

Flat No.001, Ground Floor, Raghavendra Regenly, Survey No.380/1 & 2 Others, Village Mahim, Palghar -401404, Maharashtra

Axis Bank · Navi Mumbai

Reserve price

₹18,81,000

EMD ₹1,88,100

Auction date

06 Aug 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 31.59 Sq.mtrs
  • Locality: Mahim
  • Reserve: ₹18,81,000
  • EMD: ₹1,88,100

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMahim
Built-up / plot area31.59 Sq.mtrs
LenderAxis Bank
BranchNavi Mumbai
Unit / flat no.Flat No.001
Building / societyRaghavendra Regenly
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Mahim, Palghar by Axis Bank — reserve price ₹18,81,000, 31.59 Sq.mtrs, Symbolic possession.

Discover a valuable opportunity at the Axis Bank e-auction for a residential ground floor flat, Flat No.001, located in Raghavendra Regenly, Survey No.380/1 & 2 Others, Village Mahim, Palghar -401404, Maharashtra. This compact flat measures 31.59 Sq.mtrs and is offered at a competitive reserve price of ₹1,881,000. The e-auction is scheduled for August 6, 2026, from 11:00 AM to 12:00 PM, with an EMD of ₹188,100. This bank auction property in Mahim, Palghar, presents a strong investment potential for homebuyers or investors seeking residential property for sale. The property is offered on an 'as is where is' basis, and interested bidders are advised to conduct their due diligence. Contact Hareesh Gowda/Sandeep Nair for further details regarding this promising opportunity.

GeoSquare note: This ground floor flat in Mahim, Palghar, offers a good entry point into the residential market with a reasonable reserve price. While possession is symbolic, which is standard for bank auctions, its location and size make it an attractive option for a first-time buyer or as a rental investment. The clear auction details and contact information further streamline the acquisition process, making it a strong buy for potential investors or end-users.

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