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

Flat for Auction Shelar Thane 6.5 Lakh by Phoenix Arc Private Limited 366500

Shelar, Thane

Area: 600 sq. ft.

Flat No 004, Bhaskar Complex, S. No. 117 H. No. 3/2, Village Shelar, Taluka- Bhiwandi, Dist- Thane, Gaondevi Temple, Thane-421302

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: 600 sq. ft.
  • Locality: Shelar
  • Reserve: ₹6,50,000
  • EMD: ₹65,000

Auction snapshot

Possession
Property typeFlat · Residential
LocalityShelar
Built-up / plot area600 sq. ft.
LenderPhoenix ARC Private Limited
BranchRegd. Office - Mumbai
Unit / flat no.004
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, 600 sq. ft..

Explore this bank auction property opportunity in Bhiwandi, Thane. This residential flat is located in the well-connected Bhaskar Complex, Village Shelar. The property is a 600 sq. ft. unit situated on the ground floor, offering convenient access. This bank auction represents a prime investment opportunity for those looking for affordable housing or rental income in the growing Thane district. With a reserve price of ₹6.5 Lakhs, this auction is ideal for budget-conscious buyers seeking an entry point into the real estate market. Interested bidders must complete the submission by the specified last date of 03-08-2022. Don't miss out on this competitively priced property in Bhiwandi. Register now for the e-auction conducted by Phoenix ARC Private Limited.

GeoSquare note: The property is listed at a highly competitive reserve price, making it an excellent entry-level investment in the Bhiwandi micro-market. Being a ground-floor unit in a established complex, it offers good accessibility and potential for steady rental returns. While the possession status is unspecified, the low entry cost justifies the risk for long-term value appreciation.

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