Representative illustration — Flat bank auction in Shelar, Bhiwandi
Representative illustration — not the actual property photograph.
Flat Residential Fair Option

Flat for Auction Shelar Bhiwandi Thane 6.5 Lakh by Phoenix Arc Private Limited

Shelar, Bhiwandi, Thane

Area: 510 sq. ft.

Flat No 205, Bhaskar Complex, S. No. 117, H. No. 3/2, Village Shelar, Taluka- Bhiwandi, Dist- Thane, Gaondevi Temple, Thane-421302, Maharashtra

Phoenix ARC Private Limited · Regd. Office - Mumbai

Reserve price

₹6,50,000

EMD ₹65,000

Auction date

04 Aug 2026, 11:00 AM

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Quick read

  • Area: 510 sq. ft.
  • Locality: Shelar, Bhiwandi
  • Reserve: ₹6,50,000
  • EMD: ₹65,000

Auction snapshot

Possession
Property typeFlat · Residential
LocalityShelar, Bhiwandi
Built-up / plot area510 sq. ft.
LenderPhoenix ARC Private Limited
BranchRegd. Office - Mumbai
Unit / flat no.205
Building / societyBhaskar Complex
FloorSecond Floor
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Flat bank auction in Shelar, Bhiwandi, Thane by Phoenix ARC Private Limited — reserve price ₹6,50,000, 510 sq. ft..

Explore this bank auction property located in the prime residential area of Shelar, Bhiwandi, Thane. This residential flat, situated on the second floor of Bhaskar Complex, offers a built-up area of 510 sq. ft. Ideal for homebuyers and investors looking for an affordable property in Thane, this unit is available at a highly competitive reserve price of ₹6,50,000. This bank auction property presents a great opportunity to acquire a well-located flat in the Bhiwandi-Thane region. Interested bidders must note the EMD requirement of ₹65,000 and complete the submission process by the last date. Don't miss out on this property for sale in Bhiwandi; ensure you conduct thorough due diligence regarding the possession status and encumbrances before participating in the auction.

GeoSquare note: The property is located in a developing residential zone of Bhiwandi, offering a very accessible entry price point. While the size is modest at 510 sq. ft., its low reserve price makes it an attractive option for first-time buyers or budget-conscious investors looking for residential assets in the Thane district.

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