Flat for Auction Morivali Thane 43 Lakh by Karnataka Bank 08 May 2026
Morivali, Thane
Area: 630 sq. ft.
Flat No. A-402, Plot No.284, Jai Bhavani Apartment, Near Anand Park, Morivali, Tq. Ambernath-421501
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹43,00,000
EMD ₹4,30,000
Auction date
08 May 2026, 02:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 630 sq. ft.
- ▸Locality: Morivali
- ▸Reserve: ₹43,00,000
- ▸EMD: ₹4,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Morivali |
| Built-up / plot area | 630 sq. ft. |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | A-402 |
| Building / society | JAI BHAVANI |
| Floor | 4th |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Morivali, Thane by Karnataka Bank — reserve price ₹43,00,000, 630 sq. ft., Symbolic possession.
This is a bank auction property featuring a residential flat for sale in Ambernath, Thane. The flat, located in 'JAI BHAVANI', measures 630 sq. ft. with additional open terrace space. The auction by Karnataka Bank offers a reserve price of ₹4300000 and EMD of ₹430000. Situated in Morivali, Ambernath, this property is near Anand Park, offering convenient access. It will be auctioned on 2026-05-08. A great opportunity to invest in a bank auction property in Thane!
GeoSquare note: The property is a residental flat in Ambernath, Thane, offered at a reserve price of ₹4300000. The symbolic possession status and the competitive real estate market in Thane contribute to the "Fair Option" assessment. While the location is decent, potential buyers should conduct thorough due diligence to ascertain the property's current value and growth potential.
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