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

Flat for Auction Shelar Thane 5 Lakh by Motilal Oswal Home Finance Ltd 18 Jun 2026

Shelar, Thane

Area: 23.42 Sq.Mtrs

Flat No 303 3Rd Floor Santosh Apartment City S No 209 210 212 Mouje Shelar

Motilal Oswal Home Finance Ltd · Corporate Office : Mumbai

Reserve price

₹5,04,854

EMD ₹50,485

Auction date

18 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 23.42 Sq.Mtrs
  • Locality: Shelar
  • Reserve: ₹5,04,854
  • EMD: ₹50,485

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityShelar
Built-up / plot area23.42 Sq.Mtrs
LenderMotilal Oswal Home Finance Ltd
BranchCorporate Office : Mumbai
Unit / flat no.303
Building / societySantosh Apartment
Floor3rd Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Flat bank auction in Shelar, Thane by Motilal Oswal Home Finance Ltd — reserve price ₹5,04,854, 23.42 Sq.Mtrs, Symbolic possession.

Bank auction property! A residential flat is up for auction in Bhiwandi, Thane, offered by Motilal Oswal Home Finance. This Flat No 303 is located on the 3rd Floor and measures 23.42 Sq.Mtrs and situated in Santosh Apartment, Shelar. The reserve price is ₹504854.0, with an EMD of ₹50485.0. Don't miss this opportunity to acquire a property in a prime location through a bank auction. Last date of EMD Submission is 2026-06-17. Contact the bank for further details.

GeoSquare note: The property is a relatively small flat in Bhiwandi with a symbolic possession, and price is under 10 Lakhs which is a good price point and may attract local investors. The location might offer reasonable rental income but the symbolic possession adds a layer of risk. Overall, it's a fair option for budget-conscious buyers familiar with the local real estate market.

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