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 366502

Shelar, Thane

Area: 520 sq. ft.

Flat No 106, C Wing, Bhaskar Complex, S. No. 117, H. No. 3/2, Village Shelar, Taluka- Bhiwandi, Dist- Thane, Maharashtra-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: 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.Flat No 106
Building / societyBhaskar Complex, C Wing
FloorFirst 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..

Invest in a budget-friendly residential property with this bank auction flat located in Bhaskar Complex, Shelar, Bhiwandi, Thane. This 520 sq. ft. flat is situated on the first floor of 'C' Wing, offering a prime opportunity for homebuyers and investors looking for affordable real estate in the Thane district. Conducted by Phoenix ARC Private Limited, this auction features a reserve price of ₹6,50,000 with an EMD of ₹65,000. Don't miss this bank auction property in Maharashtra, ideal for those seeking a well-connected locality in Bhiwandi. Secure your bid before the auction date and explore this residential opportunity in a established complex. Perfect for first-time buyers or as a rental investment.

GeoSquare note: This property is an excellent entry-level investment due to its low reserve price of ₹6.5 Lakhs for a 520 sq. ft. residential unit in the Bhiwandi region. Its location in a established complex (Bhaskar Complex) adds value, though bidders should verify current physical possession status and existing dues before participating in the e-auction.

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