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

Flat for Auction Virar East Palghar 16.8 Lakh by Union Bank of India

Virar East, Palghar

Area: 600 sq. ft.

Flat No. 105, First Floor, Building No. 01, Vakratunda Apartment, Manvel pada, Survey No. 359/2 and 156/2/2, Hissa No. 2/2 of Village Virar East, Palghar, Maharashtra - 401305

Union Bank of India · Asset Recovery Branch

Reserve price

₹16,79,000

EMD ₹1,67,900

Auction date

27 Aug 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 600 sq. ft.
  • Locality: Virar East
  • Reserve: ₹16,79,000
  • EMD: ₹1,67,900

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityVirar East
Built-up / plot area600 sq. ft.
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.105
Building / societyVakratunda Apartment
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹17,000
Service providerBAANKNET

About this property

Flat bank auction in Virar East, Palghar by Union Bank of India — reserve price ₹16,79,000, 600 sq. ft., Symbolic possession.

Participate in the bank auction of this 1 BHK residential flat located in Vakratunda Apartment, Virar East, Palghar. This property spans 600 sq. ft. and is being auctioned by Union Bank of India. With a competitive reserve price of ₹16,79,000 and an EMD of ₹1,67,900, this is an excellent opportunity for homebuyers and investors looking for affordable residential real estate in Maharashtra. The property is currently under symbolic possession. Interested bidders should note the bid increment of ₹17,000. Do not miss out on this bank auction property in a developing locality. For further details, including auction date and inspection, contact the Authorized Officer at the Asset Recovery Branch of Union Bank of India.

GeoSquare note: This property is a well-sized 600 sq. ft. flat in the rapidly developing Virar East area, offering significant investment potential at a low entry price. While it is currently under symbolic possession, the location and price point make it a strong buy for first-time homebuyers or budget-conscious investors.

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