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

Flat for Auction Shelar Thane 6.5 Lakh by Phoenix Arc Private Limited 366496

Shelar, Thane

Area: 520 sq. ft.

Flat No 001, 'C' Wing, 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: 520 sq. ft.
  • Locality: Shelar
  • Reserve: ₹6,50,000
  • EMD: ₹65,000

Auction snapshot

Possession
Property typeFlat · Residential
LocalityShelar
Built-up / plot area520 sq. ft.
LenderPhoenix ARC Private Limited
BranchRegd. Office - Mumbai
Unit / flat no.001
Building / societyBhaskar Complex
FloorGround Floor
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Flat bank auction in Shelar, Thane by Phoenix ARC Private Limited — reserve price ₹6,50,000, 520 sq. ft..

Participate in the bank auction of this residential property located in Bhaskar Complex, Village Shelar, Bhiwandi, Thane. This flat, identified as Flat No. 001, offers a built-up area of 520 sq. ft. situated on the ground floor. Being managed by Phoenix ARC Private Limited, this property represents a significant opportunity for investors looking for affordable bank auction property in the Thane district. With a reserve price of ₹6,50,000 and an EMD of ₹65,000, this unit in the well-connected Bhiwandi locality is an attractive prospect for budget-conscious buyers. Ensure you review the full auction terms and conduct due diligence before bidding on this residential flat for sale. Contact the authorized officials at Phoenix ARC for further details regarding this auction.

GeoSquare note: This property offers a very low entry price point in the Bhiwandi region, making it suitable for low-budget investors. However, as specific possession status and internal condition are not detailed, it is categorized as a fair option requiring further site inspection.

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