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

Flat for Auction Neral Thane 16.7 Lakh by Central Bank of India 29 Jun 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

29 Jun 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.Flat No 101
Building / societyShagun Prestige, Near Shree Samarth Paradise
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹17,000
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.

Discover a prime residential investment opportunity with this bank-auctioned flat from Central Bank of India. Located on the 1st floor of Shagun Prestige, Near Shree Samarth Paradise, in Mouje Neral, Tal-Karjat, Dist-Thane, Pin-410101, Maharashtra, this flat offers a built-up area of 386 Sq. Ft. The property boasts physical possession, making it an attractive option for immediate occupancy or rental income. The auction features a reserve price of ₹1,668,000, an EMD of ₹167,000, and a bid increment of ₹17,000. Inspection is scheduled for June 22, 2026, with the e-auction on June 29, 2026. This Central Bank of India auction property is ideal for homebuyers and investors seeking flats for sale in Thane.

GeoSquare note: This residential flat in Neral, Thane, holds strong investment appeal due to its physical possession status and a competitive reserve price of ₹1,668,000. The location in Neral, a developing area, offers good potential for appreciation. The property type (flat) and size (386 sq ft) are desirable for many buyers. Given the bank auction process, it presents a fair opportunity for a good deal.

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