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

Flat for Auction Mamdapur Neral Raigad 16.7 Lakh by Axis Bank

Mamdapur, Neral, Raigad

Area: 27.83 sq. mtrs

Flat No 304, 3rd Floor, Matru Chhaya Apartment, Survey No 175/11, Mamdapur, Neral, Tal Karjat, District Raigad-410101

Axis Bank · Registered Office : Ahmedabad

Reserve price

₹16,69,500

EMD ₹1,66,950

Auction date

28 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 27.83 sq. mtrs
  • Locality: Mamdapur, Neral
  • Reserve: ₹16,69,500
  • EMD: ₹1,66,950

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMamdapur, Neral
Built-up / plot area27.83 sq. mtrs
LenderAxis Bank
BranchRegistered Office : Ahmedabad
Unit / flat no.Flat No 304
Building / societyMatru Chhaya Apartment
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Mamdapur, Neral, Raigad by Axis Bank — reserve price ₹16,69,500, 27.83 sq. mtrs, Symbolic possession.

Discover a valuable bank auction property: a 3rd floor flat, Flat No 304, located in the Matru Chhaya Apartment, Survey No 175/11, Mamdapur, Neral, Tal Karjat, District Raigad-410101, Maharashtra. This residential flat offers a carpet area of 27.83 sq. mtrs. The property is bounded towards East by the building, West by an open plot, North by an open plot, and South by an internal road. The e-auction by Axis Bank is scheduled for July 28, 2026, with a reserve price of ₹1,669,500 and EMD of ₹166,950. Property inspection is available on July 10, 2026. This Karjat flat for sale presents a compelling investment opportunity. Interested bidders are advised to submit their EMD by July 27, 2026.

GeoSquare note: This residential flat in Karjat, Raigad, offers a decent investment opportunity at its reserve price. The location in Mamdapur, Neral, within the Matru Chhaya Apartment, is a stable residential area. The symbolic possession status indicates an additional step for the buyer to gain physical possession. However, with a reasonable reserve price and clear auction details, it presents a fair option for potential investors or homebuyers seeking a bank auction property in Maharashtra.

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