Representative illustration — Flat bank auction in Sector 17, Airoli
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Sector 17 Airoli Navi Mumbai 68 Lakh by Axis Bank

Sector 17, Airoli, Navi Mumbai

Area: 350 sq. ft.

Flat No. 15, 3rd Floor, Al 5, 2, Panchdeep Society, Sector 17, Airoli, Mumbai

Axis Bank · Stressed Assets Group

Reserve price

₹68,00,000

EMD ₹6,80,000

Auction date

13 Oct 2026, 01:00 PM

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Quick read

  • ▸Possession: Physical
  • ▸Area: 350 sq. ft.
  • ▸Locality: Sector 17, Airoli
  • ▸Reserve: ₹68,00,000
  • ▸EMD: ₹6,80,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalitySector 17, Airoli
Built-up / plot area350 sq. ft.
LenderAxis Bank
BranchStressed Assets Group
Unit / flat no.Flat No. 15
Building / societyPanchdeep Society
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerdrt.auctiontiger.net

About this property

Flat bank auction in Sector 17, Airoli, Navi Mumbai by Axis Bank — reserve price ₹68,00,000, 350 sq. ft., Physical possession.

Participate in the bank auction for a residential flat located in the prime locality of Sector 17, Airoli, Mumbai. This property, situated in Panchdeep Society, offers a comfortable living space of 350 sq. ft. on the 3rd floor. This bank auction property is an excellent opportunity for investors and homebuyers looking for affordable residential real estate in Mumbai. The property is being sold on an 'As is where is' and 'As is what is' basis. With physical possession already taken by Axis Bank, this transaction offers added security. Interested bidders must submit their EMD by 12th October 2026. Don't miss this chance to acquire a well-located flat in a developed suburb of Mumbai through a transparent bidding process.

GeoSquare note: This property is a strong buy due to its location in a well-established sector in Airoli and the fact that the bank has already taken physical possession, significantly reducing legal risks. The reserve price of ₹68 Lakhs for a compact unit is competitive for the Navi Mumbai residential market, making it an attractive prospect for both end-users and small-scale investors.

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