Representative illustration — Flat bank auction in Salgaon
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Salgaon Thane 13.5 Lakh by Icici Bank 16 Jul 2026

Salgaon, Thane

Area: 457 Sq Ft

Flat No-002, On Ground Floor, Building Known As "Chhaya Niwas 'D-8"Survey No-7, 9/1, 9/2, 9/3, 21/1, 21/2,22/1, 22/2 Part, 22/2 Part, 23/1, 23/2, Near Ambat God Maidan, Chaya Niwas Road, Situated At Village- Salgaon, Taluka & District- Palghar, Thane-401501.

ICICI Bank · Branch Office : Mumbai

Reserve price

₹13,50,000

EMD ₹1,35,000

Auction date

16 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 457 Sq Ft
  • Locality: Salgaon
  • Reserve: ₹13,50,000
  • EMD: ₹1,35,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalitySalgaon
Built-up / plot area457 Sq Ft
LenderICICI Bank
BranchBranch Office : Mumbai
Unit / flat no.Flat No-002
Building / societyChhaya Niwas 'D-8
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Flat bank auction in Salgaon, Thane by ICICI Bank — reserve price ₹13,50,000, 457 Sq Ft, Physical possession.

Discover a prime residential flat for sale through an ICICI Bank auction in Salgaon, Palghar, Thane. This ground floor Flat No-002, located in Chhaya Niwas 'D-8', offers an approximate carpet area of 457 Sq Ft (equivalent to 42.47 Sq Mtrs). Situated near Ambat God Maidan on Chaya Niwas Road, the property is an excellent bank auction property for investors and homebuyers looking for an affordable asset in the Palghar district, Maharashtra. The e-auction is scheduled for July 16, 2026, with a competitive reserve price of ₹1,350,000 and an Earnest Money Deposit (EMD) of ₹135,000. Property inspection is available on July 04, 2026. This presents a significant investment opportunity to acquire a physically possessed, well-located residential flat in Thane via a transparent bank auction process.

GeoSquare note: This ground floor flat in Salgaon, Palghar, offers good investment potential due to its physical possession status and a competitive reserve price of ₹1,350,000. Palghar is a developing area, making it a promising location for residential property investment. The property type and location offer a balance of affordability and future growth prospects, positioning it as a strong buy for interested bidders.

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