Representative illustration — Flat bank auction in Naigaon East
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Naigaon East Thane 40.7 Lakh by Karnataka Bank 08 May 2026

Naigaon East, Thane

Area: 543 sq.ft.

Residential Flat No. 205, B' Wing, Building No.1, Sargam Avenue, situated at Naigaon East, Taluka Vasai, District Palghar.

Karnataka Bank · Asset Recovery Management Branch

Reserve price

₹40,74,000

EMD ₹4,07,400

Auction date

08 May 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 543 sq.ft.
  • Locality: Naigaon East
  • Reserve: ₹40,74,000
  • EMD: ₹4,07,400

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNaigaon East
Built-up / plot area543 sq.ft.
LenderKarnataka Bank
BranchAsset Recovery Management Branch
Unit / flat no.205
Building / societySargam Avenue, B' Wing, Building No.1
Floor2nd
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerAuctionbazaar

About this property

Flat bank auction in Naigaon East, Thane by Karnataka Bank — reserve price ₹40,74,000, 543 sq.ft., Symbolic possession.

Bank auction property! A residential flat located in Naigaon East, Vasai, Thane is up for auction. The property, a flat with 543 sq. ft. carpet area, is situated on the 2nd floor of Sargam Avenue Building No.1. This bank auction property is an excellent investment opportunity with a reserve price of ₹4,074,000. Don't miss the e-auction on 2026-05-08. An EMD of ₹407400 is required for participation.

GeoSquare note: This residential flat in Vasai, Thane, offered at ₹4,074,000, presents a fair investment option. The symbolic possession indicates potential delays. While the location in Naigaon East is a plus, the auction terms and current market conditions should be carefully evaluated.

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