Representative illustration — Flat bank auction in Morivali Village
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Morivali Village Thane 25.6 Lakh by Punjab National Bank

Morivali Village, Thane

No 302, 3rd floor, Bldg No. 2, B Wing, Rahul Excellence, Gut No. 11, Plot no 98 10, Morivali Village, Cabin road, Ambarnath (East), Thane-421503

Punjab National Bank · Mumbai

Reserve price

₹25,58,000

EMD ₹2,55,800

Auction date

24 Aug 2026, 11:00 AM

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Quick read

  • ▸Possession: Physical
  • ▸Locality: Morivali Village
  • ▸Reserve: ₹25,58,000
  • ▸EMD: ₹2,55,800

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityMorivali Village
LenderPunjab National Bank
BranchMumbai
Unit / flat no.302
Building / societyRahul Excellence
Floor3rd floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Morivali Village, Thane by Punjab National Bank — reserve price ₹25,58,000, Physical possession.

Participate in this bank auction property opportunity featuring a residential flat located in the well-connected Rahul Excellence complex, Morivali Village, Ambarnath East, Thane. This 3rd-floor unit (Flat No. 302) is being auctioned by Punjab National Bank. Ideal for homebuyers and investors looking for affordable real estate in the Thane district, this property offers a strategic location with easy access to Cabin Road. With a reserve price of ₹25.58 Lakhs, this bank auction in Ambarnath represents a significant investment potential. Prospective bidders should verify all property documents and terms before the auction date on August 24, 2024. Don't miss this chance to acquire a residential asset through a transparent legal process in a growing residential hub.

GeoSquare note: The property is located in a well-established residential project in Ambarnath with the significant advantage of Physical possession, reducing post-auction legal hurdles. The reserve price is competitively set for the region, making it an excellent opportunity for end-users and investors alike. Given the clear ownership status by the bank and the prime location in Thane, it is a highly recommended investment.

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