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

Flat for Auction Village Wafe Thane 14.2 Lakh by Asset Reconstruction Company India Ltd Arcil 28 Jul 2026

Village Wafe, Thane

Area: 551.00 sq.ft.

Flat No.402, 4th Floor, Wing B, Shantaram Park, Residency, Type B, S.No.51/3/P, Plot No. 17, At Village Wafe, Taluka Shahapur, District Thane, 421601

Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai

Reserve price

₹14,20,000

EMD ₹1,42,000

Auction date

28 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 551.00 sq.ft.
  • Locality: Village Wafe
  • Reserve: ₹14,20,000
  • EMD: ₹1,42,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityVillage Wafe
Built-up / plot area551.00 sq.ft.
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchDadar West, Mumbai
Unit / flat no.Flat No.402
Building / societyShantaram Park, Residency
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerPublic Auction

About this property

Flat bank auction in Village Wafe, Thane by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹14,20,000, 551.00 sq.ft., Physical possession.

Discover a valuable bank auction property for sale: a spacious Flat No. 402 located on the 4th floor of Wing B, Shantaram Park, Residency, in Village Wafe, Shahapur, District Thane, Maharashtra. This residential flat boasts a saleable area of 551.00 sq.ft. The e-auction, conducted by Asset Reconstruction Company (India) Ltd. (Arcil), presents an excellent investment opportunity. With a reserve price of ₹1,420,000 and an EMD of ₹142,000, interested bidders can participate in the auction on 2026-07-28 from 11:00 AM to 01:00 PM. Property inspection is available on 2026-07-23. Secure this residential flat in a prime Thane locality.

GeoSquare note: This 4th-floor flat in Shantaram Park, Shahapur, Thane, offers a strong investment opportunity with a competitive reserve price of ₹1,420,000. The property has physical possession, which simplifies the acquisition process. Its residential nature in Thane district makes it appealing for homeowners or rental investors. The clear auction details and availability for inspection further enhance its attractiveness as a strong buy.

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