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

Flat for Auction Shelar Thane 11.5 Lakh by Edelweiss Asset Reconstruction Company Limited

Shelar, Thane

Area: 600.00 sq. ft.

Flat No. 301, Jay Mata Di Complex, Gram panchayat House No. 565, Village Shelar, Taluka Bhiwandi, District Thane, Maharashtra - 421302

Edelweiss Asset Reconstruction Company Limited · mumbai

Reserve price

₹11,50,000

EMD ₹1,15,000

Auction date

06 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 600.00 sq. ft.
  • Locality: Shelar
  • Reserve: ₹11,50,000
  • EMD: ₹1,15,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityShelar
Built-up / plot area600.00 sq. ft.
LenderEdelweiss Asset Reconstruction Company Limited
Branchmumbai
Unit / flat no.Flat No. 301
Building / societyJay Mata Di Complex
Floor3rd Floor
Auction typeSARFAESI Auction
Service provideredelweiss arc

About this property

Flat bank auction in Shelar, Thane by Edelweiss Asset Reconstruction Company Limited — reserve price ₹11,50,000, 600.00 sq. ft., Physical possession.

Invest in a budget-friendly residential property with this bank auction listing in Shelar, Bhiwandi. This 600 sq. ft. flat is located on the 3rd floor of the Jay Mata Di Complex and is being sold under the SARFAESI Act by Edelweiss Asset Reconstruction Company Limited. This bank auction property offers a great opportunity for first-time homebuyers and investors looking for affordable real estate in the Thane district. The property is currently under physical possession of the bank. Don't miss this chance to acquire a residential flat in a well-connected locality of Bhiwandi. Interested buyers should review the auction terms, reserve price, and EMD requirements carefully. Secure your site visit and participate in the upcoming e-auction to own this property.

GeoSquare note: This property is a strong buy due to its affordable reserve price and the fact that it is being sold with physical possession, which simplifies the takeover process. Located in the developing hub of Bhiwandi, it offers good value for residential investment.

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