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

Flat for Auction Panchpakhadi Thane 71 Lakh by Punjab National Bank 05 May 2026

Panchpakhadi, Thane

Area: 875 Sq. Ft.

Flat No. 402, 4th Floor Building D, Shree Sai Park, Azad Nagar-2, Village Panchpakhadi, Thane west

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹71,00,000

EMD ₹7,10,000

Auction date

05 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 875 Sq. Ft.
  • Locality: Panchpakhadi
  • Reserve: ₹71,00,000
  • EMD: ₹7,10,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityPanchpakhadi
Built-up / plot area875 Sq. Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.402
Building / societyShree Sai Park
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Panchpakhadi, Thane by Punjab National Bank — reserve price ₹71,00,000, 875 Sq. Ft., Symbolic possession.

Bank auction property: Residential flat for sale in Panchpakhadi, Thane. This 875 sq. ft. flat is located in Shree Sai Park, Azad Nagar-2, and is available through an e-auction by Punjab National Bank. The reserve price is ₹71,00,000 with an EMD of ₹7,10,000. The e-auction is scheduled for May 5, 2026. This bank auction offers a great opportunity to invest in a prime residential property in Thane. Don't miss out on this chance to own a flat at a potentially discounted price.

GeoSquare note: The flat in Panchpakhadi, Thane, offers a reasonable investment opportunity with a reserve price of ₹71,00,000. However, the symbolic possession status introduces some uncertainty. While the location is decent, potential buyers should carefully assess the market value and legal aspects before bidding.

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