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

Flat for Auction Nerul Navi Mumbai 85.5 Lakh by Union Bank of India

Nerul, Navi Mumbai

Area: 54.522 sq. mtrs

Meghana Building, Plot No 95, Sector 27, Sea woods, Nerul, Navi Mumbai-400706

Union Bank of India · Asset Recovery Branch

Reserve price

₹85,50,000

EMD ₹8,55,000

Auction date

10 Sep 2026, 12:00 PM

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Quick read

  • ▸Possession: Symbolic
  • ▸Area: 54.522 sq. mtrs
  • ▸Locality: Nerul
  • ▸Reserve: ₹85,50,000
  • ▸EMD: ₹8,55,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNerul
Built-up / plot area54.522 sq. mtrs
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Flat No 101
Building / societyMeghana Building
Floor1st Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Nerul, Navi Mumbai by Union Bank of India — reserve price ₹85,50,000, 54.522 sq. mtrs, Symbolic possession.

Explore this residential flat for sale in Nerul, Navi Mumbai, available through a bank auction by Union Bank of India. Located in the prime Sea woods area, this property in Meghana Building offers a carpet area of 54.522 sq. mtrs, plus additional terrace and flower bed areas. This bank auction property is an excellent opportunity for homebuyers and investors looking for affordable real estate in Navi Mumbai. The property is being sold on an 'as is where is' basis with symbolic possession. Interested bidders should note the reserve price of ₹85,50,000 and an EMD of ₹8,55,000. Don't miss this chance to acquire a well-located residential unit in a thriving neighborhood.

GeoSquare note: This property is located in the highly desirable Sea woods area of Nerul, offering great residential value and connectivity. While the possession status is symbolic and there is an encumbrance noted, the prime location and reasonable reserve price make it a strong investment for buyers prepared to handle legal formalities.

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