Flat for Auction Sector 16 Airoli Navi Mumbai 43 Lakh by Axis Bank
Sector 16, Airoli, Navi Mumbai
Area: 186 sq. ft.
Flat No. 9, 2nd Floor, AL 4/16, Virat Apartment, Sector 16, Airoli, Navi Mumbai
Axis Bank · Stressed Assets Group
Reserve price
₹43,00,000
EMD ₹4,30,000
Auction date
13 Oct 2026, 01:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 186 sq. ft.
- ▸Locality: Sector 16, Airoli
- ▸Reserve: ₹43,00,000
- ▸EMD: ₹4,30,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Sector 16, Airoli |
| Built-up / plot area | 186 sq. ft. |
| Lender | Axis Bank |
| Branch | Stressed Assets Group |
| Unit / flat no. | Flat No. 9 |
| Building / society | Virat Apartment |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | drt.auctiontiger.net |
About this property
Flat bank auction in Sector 16, Airoli, Navi Mumbai by Axis Bank — reserve price ₹43,00,000, 186 sq. ft., Physical possession.
Explore this bank auction property located in the prime residential hub of Airoli, Navi Mumbai. This flat, situated in Virat Apartment, Sector 16, offers an area of 186 sq. ft. on the 2nd floor. It is an excellent opportunity for investors looking for residential assets in a well-connected locality. The property is being sold by Axis Bank under SARFAESI Act provisions with physical possession taken. Interested bidders must submit their EMD by 12th October 2026. Don't miss this chance to acquire a property in Mumbai's rapidly developing sector at a competitive reserve price of ₹43,00,000. For site inspection and auction participation, contact the authorized officer at Axis Bank.
GeoSquare note: The property is located in the highly accessible area of Airoli, Navi Mumbai, with the added advantage of physical possession already taken by the bank, which reduces legal risk. While the unit size is modest at 186 sq. ft., the prime location and transparent auction process make it a solid choice for entry-level investment or residential use.
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