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

Flat for Auction Mahim Thane 20.2 Lakh by Gic Housing Finance Ltd

Mahim, Thane

Area: 525 sq. ft.

GUT No: 826, Flat No 202, 2nd Floor, Swastik Chhaya Apartment, Plot No: 128, Near Sundaram School, Mahim, Palghar, Maharashtra - 401404

GIC Housing Finance Ltd. · Mumbai

Reserve price

₹20,22,975

EMD ₹2,02,297

Auction date

24 Sep 2026, 03:00 PM

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Quick read

  • Area: 525 sq. ft.
  • Locality: Mahim
  • Reserve: ₹20,22,975
  • EMD: ₹2,02,297

Auction snapshot

Possession
Property typeFlat · Residential
LocalityMahim
Built-up / plot area525 sq. ft.
LenderGIC Housing Finance Ltd.
BranchMumbai
Unit / flat no.Flat No 202
Building / societySwastik Chhaya Apartment
Floor2nd Floor
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Flat bank auction in Mahim, Thane by GIC Housing Finance Ltd. — reserve price ₹20,22,975, 525 sq. ft..

Explore this residential bank auction property located in the prime area of Mahim, Palghar. This flat is situated in Swastik Chhaya Apartment, offering a built-up area of 525 sq. ft. Ideal for homebuyers and investors looking for affordable real estate in Maharashtra. The property features a convenient location near Sundaram School, making it a desirable residential unit. Participate in this bank auction by GIC Housing Finance Ltd. to secure this property at a competitive reserve price of ₹20,22,975. Don't miss this opportunity to invest in a well-located apartment in Palghar. Contact GIC Housing Finance Ltd. for further details regarding the auction process and property inspection.

GeoSquare note: The property is located in a well-connected residential pocket of Mahim, Palghar, with a reasonable reserve price per square foot. Given its status as a standard residential flat, it presents a solid investment opportunity for end-users seeking budget-friendly housing. Potential buyers should verify the current possession status and any outstanding maintenance dues with the bank prior to bidding.

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