Flat for Auction Vaishet Thane 20.7 Lakh by Karnataka Bank 08 May 2026
Vaishet, Thane
Area: 398 sq. ft
Flat No.103, J-Wing of the building known as "Aawaas" in the Project Mayfair Aasaan constructed on the land bearing Survey No.10, Hissa No.04 (part) Plot No.02 to 17 and Survey No.3 and Hissa No.2, admeasuring 12594.38 Sq. Mtrs. of Village Vaishet, Taluka Shahpur, District Thane
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹20,72,000
EMD ₹2,07,200
Auction date
08 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 398 sq. ft
- ▸Locality: Vaishet
- ▸Reserve: ₹20,72,000
- ▸EMD: ₹2,07,200
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vaishet |
| Built-up / plot area | 398 sq. ft |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | 103 |
| Building / society | Aawaas, Project Mayfair Aasaan |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Vaishet, Thane by Karnataka Bank — reserve price ₹20,72,000, 398 sq. ft, Symbolic possession.
Secure a valuable bank auction property: a 1BHK flat in 'Aawaas', part of the Mayfair Aasaan project in Shahapur, Thane. This flat spans 398 sq. ft and has access to a balcony. The e-auction by Karnataka Bank features a reserve price of ₹2072000 and requires an EMD of ₹207200. Seize the opportunity to own property in a developing location through this bank auction. Ideal for first-time buyers or investors seeking to expand their portfolio with bank auction property in Thane. Don't miss out on this deal!
GeoSquare note: The property, a 1BHK flat in Shahapur, Thane, offers a potential investment opportunity at a reserve price of ₹2072000. However, the symbolic possession status and the relatively lower market visibility contribute to a cautious 'Fair Option' recommendation. Further due diligence is advised to assess the property’s location, value appreciation and posession related risks.
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