Representative illustration — House bank auction in Village Somate
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Fair Option

House for Auction Village Somate Palghar 15 Lakh by Bank of Maharashtra

Village Somate, Palghar

House No. 451, Village Somate, Mumbai Ahmedabad Highway, Opp Aanganwadi, Palghar

Bank of Maharashtra · Zonal Office Thane

Reserve price

₹14,99,400

EMD ₹1,49,940

Auction date

15 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Locality: Village Somate
  • Reserve: ₹14,99,400
  • EMD: ₹1,49,940

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityVillage Somate
LenderBank of Maharashtra
BranchZonal Office Thane
Unit / flat no.House No. 451
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

House bank auction in Village Somate, Palghar by Bank of Maharashtra — reserve price ₹14,99,400, Symbolic possession.

Explore this bank auction property located at Village Somate, Palghar, near the Mumbai-Ahmedabad Highway. This residential house (House No. 451), situated opposite Aanganwadi and Z.P. School, is being auctioned by the Bank of Maharashtra under symbolic possession. This is a prime opportunity for those looking to invest in residential property in the developing Palghar region. The auction is scheduled for 15-09-2026 with a reserve price of ₹14,99,400. Interested bidders can participate in this transparent bank auction process to secure a valuable asset. Ensure your EMD submission is completed before the deadline to participate. Contact the bank's authorized officer for detailed inspection and documentation.

GeoSquare note: The property is located in a strategic area near the Mumbai-Ahmedabad highway, offering good accessibility. However, as it is under symbolic possession, the buyer should account for the time and process required for physical acquisition. It serves as a decent investment option at a mid-range price point.

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