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

Flat for Auction Neral Thane 16.7 Lakh by Central Bank of India 25 May 2026

Neral, Thane

Area: 386 Sq. Ft.

Flat No 101,1st Floor, Shagun Prestige, Near Shree Samarth Paradise, Mouje Neral, Tal-Karjat, Dist-Thane, Pin-410101

Central Bank of India · Nariman Point Mumbai

Reserve price

₹16,68,000

EMD ₹1,67,000

Auction date

25 May 2026, 10:00 AM

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Quick read

  • Possession: Physical
  • Area: 386 Sq. Ft.
  • Locality: Neral
  • Reserve: ₹16,68,000
  • EMD: ₹1,67,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNeral
Built-up / plot area386 Sq. Ft.
LenderCentral Bank of India
BranchNariman Point Mumbai
Unit / flat no.101
Building / societyShagun Prestige
Floor1st
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Neral, Thane by Central Bank of India — reserve price ₹16,68,000, 386 Sq. Ft., Physical possession.

Seize this opportunity to own a residential flat in Karjat, Thane, through a bank auction property. Central Bank of India offers a 1BHK flat located in Shagun Prestige, Neral. The property spans 386 sq. ft. and is situated on the 1st floor. The auction features a reserve price of ₹1,668,000 with an EMD of ₹167,000. This bank auction property presents an excellent investment opportunity for those looking to acquire property in a developing location. Don't miss out on this chance to bid on a well-located residential flat for sale.

GeoSquare note: This property presents a fair investment option due to its affordable reserve price and manageable size, making it suitable for small families or individuals. However, its location in Karjat, while developing, may not offer the immediate returns of more established urban centers. The physical possession status is positive.

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