Flat for Auction Shirol Thane 1.8 Crore by Union Bank of India
Shirol, Thane
Area: 8900 sq. ft.
Vill. Shirol, Tal. Shahapur, Dist- Thane on Thane-Nasik highway
Union Bank of India · Asset Recovery Branch
Reserve price
₹1,80,00,000
EMD ₹18,00,000
Auction date
27 Aug 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 8900 sq. ft.
- ▸Locality: Shirol
- ▸Reserve: ₹1,80,00,000
- ▸EMD: ₹18,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Shirol |
| Built-up / plot area | 8900 sq. ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Gram Panchayat House No. 1267, 1268/1, 2, 3, 4, & 5 |
| Building / society | Dalvi Darbar Hotel |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Shirol, Thane by Union Bank of India — reserve price ₹1,80,00,000, 8900 sq. ft., Symbolic possession.
Explore this prime bank auction property located on the Thane-Nasik Highway in Shahapur, Thane. This commercial auction listing features the 'Dalvi Darbar Hotel' (House No. 1267) spanning 8000 sq. ft. built-up area, along with additional commercial galas (House No. 1268/1-5) measuring 900 sq. ft. situated on a land parcel of 1445 sq. mt. (Survey No. 932/1). This high-visibility commercial asset offers excellent investment potential for hospitality or retail business ventures. The auction is conducted by Union Bank of India with a reserve price of ₹1,80,00,000. Don't miss this opportunity to acquire a strategic commercial property in a developing region of Maharashtra. All bidders are advised to conduct independent due diligence regarding the asset's legal and encumbrance status prior to the auction date.
GeoSquare note: This property is a prime commercial asset located directly on the Thane-Nasik highway, offering excellent business visibility and connectivity. While the possession is currently symbolic, the combination of a hotel structure and multiple commercial units provides strong income-generating potential for investors at the specified reserve price.
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