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

Flat for Auction Nerul Thane 37 Lakh by Punjab National Bank 28 Apr 2026

Nerul, Thane

Area: 997.17 Sq. Ft.

B-101, Chinar CHSL, Plot No. 35, Sec. 42, Nerul, Navi Mumbai 400706

Punjab National Bank · ARMB Thane

Reserve price

₹37,00,000

EMD ₹3,70,000

Auction date

28 Apr 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 997.17 Sq. Ft.
  • Locality: Nerul
  • Reserve: ₹37,00,000
  • EMD: ₹3,70,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityNerul
Built-up / plot area997.17 Sq. Ft.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.701
Building / societyJade Residences, W Wing
Floor7th Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerBAANKNET

About this property

Flat bank auction in Nerul, Thane by Punjab National Bank — reserve price ₹37,00,000, 997.17 Sq. Ft., Symbolic possession.

Bank auction property in Navi Mumbai! A residential flat is up for auction by Punjab National Bank, located in Nerul. The flat, located on the 7th floor of Jade Residences, offers 997.17 sq ft of space. This bank auction presents an opportunity to acquire a flat at a reserve price of ₹6175000 with an EMD of ₹617500. E-auction scheduled for 2026-07-04, this is a prime opportunity for buyers looking for property in a well-connected locality. Contact Satyendra Mishra at 9903085950 for further details.

GeoSquare note: The property is a residential flat in Navi Mumbai with symbolic possession, which increases risks. The reserve price is relatively reasonable for the area. Location is a plus, but the possession status affects the final score making it a fair option.

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