Representative illustration — Flat bank auction in Vasai Virar
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Vasai Virar Palghar 16.1 Lakh by Bank of India

Vasai Virar, Palghar

Flat No-1, 1st Floor, C Wing Of Chandika Residency, House No- 120 & 640, Vill- Chandrapara, Taluka-Vasai, Palghar, Maharashtra, Vasai Virar-401208

Bank of India · Mumbai South Zone

Reserve price

₹16,15,000

EMD ₹1,61,000

Auction date

26 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Locality: Vasai Virar
  • Reserve: ₹16,15,000
  • EMD: ₹1,61,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityVasai Virar
LenderBank of India
BranchMumbai South Zone
Unit / flat no.Flat No-1
Building / societyChandika Residency
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Vasai Virar, Palghar by Bank of India — reserve price ₹16,15,000, Physical possession.

Discover a prime residential opportunity with this bank auction property: a 1st-floor Flat (Flat No-1) in C Wing of Chandika Residency, located in the rapidly developing area of Vill- Chandrapara, Taluka-Vasai, Palghar, Maharashtra, pin code Vasai Virar-401208. This attractive flat is being offered with physical possession, making it an ideal 'bank auction property' for immediate occupancy or investment. The reserve price is set at ₹1,615,000.0, with an EMD of ₹161,000.0. The e-auction is scheduled for May 26, 2026. Don't miss this chance to acquire a 'residential flat for sale' in Virar through a transparent online bidding process. Inspection available on June 23, 2026.

GeoSquare note: This property is a strong buy, primarily due to its physical possession status, which significantly reduces potential post-auction complications. Located in Virar, Palghar, a growing area in Maharashtra, the flat offers good investment appeal at a competitive reserve price of ₹16.15 Lakhs. While the exact area is not specified, the location and property type (flat) suggest a solid residential investment opportunity.

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