Flat for Auction Mahim Thane 24.5 Lakh by Axis Bank 16 Jun 2026
Mahim, Thane
Area: 39.64 sq. Mtrs
Flat No 405, 4th Floor, A Wing, Paramount Enclave Bldg No 2. Near Harawadi Naka
Axis Bank · Registered Office : Ahmedabad
Reserve price
₹24,46,080
EMD ₹2,44,608
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 39.64 sq. Mtrs
- ▸Locality: Mahim
- ▸Reserve: ₹24,46,080
- ▸EMD: ₹2,44,608
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mahim |
| Built-up / plot area | 39.64 sq. Mtrs |
| Lender | Axis Bank |
| Branch | Registered Office : Ahmedabad |
| Unit / flat no. | 405 |
| Building / society | Paramount Enclave Bldg No 2 |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Flat bank auction in Mahim, Thane by Axis Bank — reserve price ₹24,46,080, 39.64 sq. Mtrs, Physical possession.
Bank auction property: A 1BHK flat is up for e-auction in Mahim, Thane. Located in Paramount Enclave, the flat offers 39.64 sq. mtrs of carpet area. This residential property is situated near Harawadi Naka. Axis Bank is conducting the auction with a reserve price of ₹24.46 Lakh and an EMD of ₹2.44 Lakh. The e-auction is scheduled for June 16, 2026. This Mahim property is a great opportunity for potential buyers. Contact Hareesh Gowda/Bansraj Patel for further details.
GeoSquare note: The property is a 1BHK flat in Mahim, Thane, with physical possession, making it a potentially habitable investment. However, the location in a developing area and the lower reserve price compared to similar properties suggest a more measured approach. Given these factors, a rating of 3.2 and a "Fair Option" recommendation are appropriate.
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