Flat for Auction Mahim Rd Thane 16.7 Lakh by Axis Bank 16 Jun 2026
Mahim Rd, Thane
Area: 527 Sq Ft
Flat No 405, 4th Floor, Paramount Enclave, Bldg No 5b, Mahim Rd
Axis Bank · Registered Office : Ahmedabad
Reserve price
₹16,73,280
EMD ₹1,67,328
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 527 Sq Ft
- ▸Locality: Mahim Rd
- ▸Reserve: ₹16,73,280
- ▸EMD: ₹1,67,328
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mahim Rd |
| Built-up / plot area | 527 Sq Ft |
| Lender | Axis Bank |
| Branch | Registered Office : Ahmedabad |
| Unit / flat no. | 405 |
| Building / society | Paramount Enclave |
| Floor | 4th |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Flat bank auction in Mahim Rd, Thane by Axis Bank — reserve price ₹16,73,280, 527 Sq Ft, Physical possession.
Bank auction property: Residential flat for sale in Palghar, Thane, Maharashtra. This flat is located at Flat No 405, 4th Fir Paramount Enclavebidg No 5b Mahim Rd Palghar thane 401404 Area So Ft-527 and features a reserve price of ₹1673280.0 with an EMD of ₹167328.0. The e-auction will be held on 2026-06-16 from 11Am to 12 Pm. This bank auction property presents a great investment opportunity in a prime location.
GeoSquare note: This property is located in Palghar and is listed at an attractive reserve price, considering the location. Given the physical possession status and relatively low reserve price, it presents a favorable investment opportunity. It's a flat in a well-established area and is worth considering for both residential purposes and rental income.
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