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

Flat for Auction Neral Mamdapur Raigad 19 Lakh by State Bank of India

Neral, Mamdapur, Raigad

Flat No.405, 4th floor, Hill Crest Apartment, Survey No. and Hissa Number-175, Plot No-22, Village Mamdapur, Neral, Tal-Karjat, Dist-Raigad 410101

State Bank of India · Thane

Reserve price

₹19,03,000

EMD ₹1,90,300

Auction date

10 Sep 2026, 12:00 PM

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Quick read

  • ▸Possession: Physical
  • ▸Locality: Neral, Mamdapur
  • ▸Reserve: ₹19,03,000
  • ▸EMD: ₹1,90,300

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNeral, Mamdapur
LenderState Bank of India
BranchThane
Unit / flat no.Flat No. 405
Building / societyHill Crest Apartment
Floor4th floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Neral, Mamdapur, Raigad by State Bank of India — reserve price ₹19,03,000, Physical possession.

Participate in the upcoming State Bank of India bank auction property sale for a residential flat in Hill Crest Apartment, located in the scenic and developing area of Neral, Karjat. This bank auction flat, situated on the 4th floor, is listed with a reserve price of ₹19.03 Lakhs. Ideal for budget-conscious homebuyers or investors looking for affordable real estate in the Raigad district, this property at Village Mamdapur offers a great opportunity for acquisition. The e-auction is scheduled for September 10, 2026. Interested bidders must complete their due diligence regarding property encumbrances prior to bidding. Don't miss this chance to secure a property through a transparent bank-led process in the growing locality of Neral, Karjat.

GeoSquare note: This property is a strong buy due to its affordable reserve price and location in the rapidly developing Neral-Karjat corridor, which is popular for affordable residential housing. The clear banking process and the residential nature of the asset make it a reliable choice for first-time buyers, provided that the physical possession is verified and independent due diligence is completed.

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