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

Flat for Auction Neral East Mumbai 15.5 Lakh by Grihum Housing Finance Limited

Neral East, Mumbai

Area: 450 sq. ft.

Flat No. 205, 2nd Floor, Monarch Residency, Survey No. 168, Plot No. 54, Village Mamdapur, Neral East, Taluka Karjat, District Raigad

GRIHUM HOUSING FINANCE LIMITED · Registered Office : Pune

Reserve price

₹15,50,000

EMD ₹1,55,000

Auction date

13 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 450 sq. ft.
  • Locality: Neral East
  • Reserve: ₹15,50,000
  • EMD: ₹1,55,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNeral East
Built-up / plot area450 sq. ft.
LenderGRIHUM HOUSING FINANCE LIMITED
BranchRegistered Office : Pune
Unit / flat no.205
Building / societyMonarch Residency
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Neral East, Mumbai by GRIHUM HOUSING FINANCE LIMITED — reserve price ₹15,50,000, 450 sq. ft., Physical possession.

Explore this residential bank auction property in Neral, Raigad. This flat, located in Monarch Residency, offers a 450 sq. ft. carpet area, situated on the 2nd floor of a well-located building in Village Mamdapur. This bank auction opportunity by Grihum Housing Finance Limited features physical possession and is being sold on an 'as is where is' basis. With a competitive reserve price of ₹15.5 Lakhs, this property is an ideal choice for first-time homebuyers or real estate investors looking for affordable housing near Mumbai. The auction is scheduled for 13-10-2026. Don't miss this chance to invest in a clear-title property in the growing locality of Neral, Taluka Karjat. Register for the e-auction before 12-10-2026 to participate.

GeoSquare note: The property is a strong buy due to its physical possession status and clear 'NIL' encumbrance record. Located in a growing residential area like Neral, it offers excellent entry-level pricing for a ready-to-move-in residential unit.

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