Representative illustration — Flat bank auction in Nerul, Navi Mumbai
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Nerul Navi Mumbai Thane 1.2 Crore by Bank of Maharashtra 14 May 2026

Nerul, Navi Mumbai, Thane

Area: 768 sq ft

Plot No 17, Sector 17A, Nerul, Navi Mumbai, Tal & Dist Thane-400706

Bank of Maharashtra · Head Office : Pune

Reserve price

₹1,16,00,000

EMD ₹11,60,000

Auction date

14 May 2026, 01:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 768 sq ft
  • Locality: Nerul, Navi Mumbai
  • Reserve: ₹1,16,00,000
  • EMD: ₹11,60,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNerul, Navi Mumbai
Built-up / plot area768 sq ft
LenderBank of Maharashtra
BranchHead Office : Pune
Unit / flat no.104
Building / societySafal Complex in Cosmopolitan-I Co-operative Housing Society Ltd
Floor1st
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Nerul, Navi Mumbai, Thane by Bank of Maharashtra — reserve price ₹1,16,00,000, 768 sq ft, Symbolic possession.

Bank auction property: Residential flat for sale in Nerul, Navi Mumbai. This 768 sq ft flat is located in Safal Complex. The e-auction is on 2026-05-14, with a reserve price of ₹11600000.0 and an EMD of ₹1160000.0. Property inspections are scheduled from 2026-05-01 to 2026-05-13. This bank auction presents an excellent opportunity to acquire property in a prime location. Don't miss out on this chance to invest in a flat through a bank auction in Navi Mumbai.

GeoSquare note: This Navi Mumbai flat offers a reasonable opportunity, given its location and size. The symbolic possession may introduce some delays. The reserve price of ₹11600000.0 requires careful evaluation against market rates for similar properties in Nerul.

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