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

Flat for Auction Penkarpada Thane 45.3 Lakh by Union Bank of India 12 May 2026

Penkarpada, Thane

Area: 395 sq ft.

Residential Flat/unit no 302, Third Floor, Wing 84, Happy Home Estate-III, Near Allahabad Bank, Mira Road (East), Village Penkarpada

Union Bank of India · Regional Office : Mumbai (South)

Reserve price

₹45,34,000

EMD ₹4,53,400

Auction date

12 May 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 395 sq ft.
  • Locality: Penkarpada
  • Reserve: ₹45,34,000
  • EMD: ₹4,53,400

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityPenkarpada
Built-up / plot area395 sq ft.
LenderUnion Bank of India
BranchRegional Office : Mumbai (South)
Unit / flat no.302
Building / societyHappy Home Estate-III
FloorThird Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Penkarpada, Thane by Union Bank of India — reserve price ₹45,34,000, 395 sq ft., Symbolic possession.

Bank auction property! A residential flat is up for auction in Penkarpada, Thane. The property, a flat/unit no 302, is located on the Third Floor, Wing 84 of Happy Home Estate-III, near Allahabad Bank, Mira Road (East). With 395 sq ft of living space, the flat is offered at a reserve price of ₹4534000. EMD is ₹453400. This bank auction presents a great opportunity for home buyers and investors looking for affordable housing options in a developing location. E-auction date is 12.05.2026

GeoSquare note: This flat in Penkarpada, Thane, offers a decent investment opportunity given its price range and location. The symbolic possession status and lack of inspection date information slightly affect its appeal. However, for budget-conscious buyers familiar with the area, it remains a reasonable choice.

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