Representative illustration — Flat bank auction in Naupada, Bhaskar Colony, Shivaji Nagar Road, Gawand Path
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Naupada Bhaskar Colony Shivaji Nagar Road Gawand Path Thane 69 Lakh by Punjab National Bank 17 Jul 2026

Naupada, Bhaskar Colony, Shivaji Nagar Road, Gawand Path, Thane

Area: 389.21 sq. ft.

Flat No. C-08, 2nd Floor, C Wing, Shree Megh Malhar CHSL, Shivaji Nagar Road, Gawand Path, Bhaskar Colony, Village Naupada, Thane (West) - 400602.

Punjab National Bank · ARMB Thane

Reserve price

₹69,00,000

EMD ₹6,90,000

Auction date

17 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 389.21 sq. ft.
  • Locality: Naupada, Bhaskar Colony, Shivaji Nagar Road, Gawand Path
  • Reserve: ₹69,00,000
  • EMD: ₹6,90,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNaupada, Bhaskar Colony, Shivaji Nagar Road, Gawand Path
Built-up / plot area389.21 sq. ft.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.C-08
Building / societyShree Megh Malhar CHSL
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerBAANKNET

About this property

Flat bank auction in Naupada, Bhaskar Colony, Shivaji Nagar Road, Gawand Path, Thane by Punjab National Bank — reserve price ₹69,00,000, 389.21 sq. ft., Symbolic possession.

Discover a valuable bank auction property: a residential Flat No. C-08 located on the 2nd floor of Shree Megh Malhar CHSL, Naupada, Thane (West) - 400602. This spacious flat offers a carpet area of 389.21 sq. ft. (Built-Up Area adm. 450 sq. mtr.) and is situated in the well-regarded Bhaskar Colony, Shivaji Nagar Road. Ideal for investors or homebuyers looking for a residential flat for sale, this property is offered by Punjab National Bank with a reserve price of ₹6,900,000. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 04:00 PM. Don't miss this opportunity to acquire a prime residential flat in Thane through a transparent bank auction.

GeoSquare note: This residential flat in Naupada, Thane (West), offers a fair option for investors or homebuyers. While the location is generally considered good, the symbolic possession status and a potentially high reserve price relative to the 389.21 sq. ft. carpet area require thorough due diligence. The significant difference between the stated BUA (450 sq. mtr.) and carpet area (389.21 sq. ft.) also warrants clarification. It could be a strong buy if the actual usable area and building quality justify the price and symbolic possession is manageable.

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