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

Flat for Auction Neral Raigad 12 Lakh by Canara Bank

Neral, Raigad

Area: 423 sq. ft.

FLAT NO-02, FIRST FLOOR A WING IN MAHALAXMI RESIDENCE SITUATED ON NERAL KARJAT ROAD, BEHIND YUVRAJ RESIDENCY IN NERAL, TAL KARJAT, DIST RAIGAD-410201

Canara Bank · Regional Office-Thane

Reserve price

₹12,00,000

EMD ₹1,20,000

Auction date

28 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 423 sq. ft.
  • Locality: Neral
  • Reserve: ₹12,00,000
  • EMD: ₹1,20,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNeral
Built-up / plot area423 sq. ft.
LenderCanara Bank
BranchRegional Office-Thane
Unit / flat no.Flat No. 02
Building / societyMahalaxmi Residence
FloorFirst Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Neral, Raigad by Canara Bank — reserve price ₹12,00,000, 423 sq. ft., Symbolic possession.

Explore this residential bank auction property located in the rapidly developing area of Neral, Karjat. This 1BHK flat, measuring 423 sq. ft., is situated on the first floor of the Mahalaxmi Residence complex, conveniently located on the Neral-Karjat Road behind Yuvraj Residency. Ideal for home buyers and investors, this property offers excellent connectivity in the Raigad district. The auction is being conducted by Canara Bank with a reserve price of ₹12,00,000 and an EMD of ₹1,20,000. Don't miss this opportunity to invest in a budget-friendly residential flat through a transparent bank auction process. For further details on bidding and inspection, please contact the authorized officer at the Canara Bank, Ulhasnagar branch.

GeoSquare note: The property is located in an affordable residential belt with decent connectivity, making it a fair option for first-time buyers or low-budget investors. While the symbolic possession status requires legal due diligence before bidding, the competitive reserve price makes it an attractive entry-level asset in the Raigad property market.

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