Flat for Auction Orchid Square Village Chikhloli Thane 21 Lakh by Indian Overseas Bank
Orchid Square, Village Chikhloli, Thane
Area: 316 Sq. ft.
Flat No. 001, Ground floor, Building Type D, Building No. 2, Phase IV, Orchid Square, Village Chikhloli, Ambernath (West), Thane 421505.
Indian Overseas Bank · Koliwada Branch
Reserve price
₹21,01,400
EMD ₹2,10,140
Auction date
23 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 316 Sq. ft.
- ▸Locality: Orchid Square, Village Chikhloli
- ▸Reserve: ₹21,01,400
- ▸EMD: ₹2,10,140
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Orchid Square, Village Chikhloli |
| Built-up / plot area | 316 Sq. ft. |
| Lender | Indian Overseas Bank |
| Branch | Koliwada Branch |
| Unit / flat no. | Flat No. 001 |
| Building / society | Orchid Square, Building Type D, Building No. 2, Phase IV |
| Floor | Ground floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Orchid Square, Village Chikhloli, Thane by Indian Overseas Bank — reserve price ₹21,01,400, 316 Sq. ft., Symbolic possession.
Discover a residential ground floor flat for sale through bank auction by Indian Overseas Bank. This 316 sq. ft. (carpet area) flat, Flat No. 001, is located in Building Type D, Building No. 2, Phase IV, Orchid Square, Village Chikhloli, Ambernath (West), Thane 421505. The e-auction is scheduled for July 23, 2026, from 11:00 AM to 03:00 PM, with a reserve price of ₹21,01,400 and an EMD of ₹2,10,140. This 'As Is Where Is' bank auction property presents a potential investment opportunity in the growing Ambernath area of Thane district, ideal for budget-conscious buyers.
GeoSquare note: This ground floor flat in Orchid Square, Ambernath, Thane, offers an affordable residential option at a reserve price of ₹21,01,400 for its 316 sq. ft. carpet area. While the possession status is symbolic, the Ambernath location presents growth potential, making it a fair option for investors or first-time homebuyers seeking value in the Thane district. The price per square foot appears reasonable for the locality.
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