Representative illustration — Land bank auction in Chitalsar Manpada
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Prime Investment

Land for Auction Chitalsar Manpada Thane 202 Crore by Rare Asset Reconstruction Limited

Chitalsar Manpada, Thane

Area: 17940 sq. mtrs

Gat No. 59/A/2/E, 59/A/2/F and 59A/3A, Village Chitalsar Manpada, Thane Taluka and District Thane

Rare Asset Reconstruction Limited · Ahmedabad

Reserve price

₹2,02,00,00,000

EMD ₹20,20,00,000

Auction date

15 Sep 2026, 02:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 17940 sq. mtrs
  • Locality: Chitalsar Manpada
  • Reserve: ₹2,02,00,00,000
  • EMD: ₹20,20,00,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityChitalsar Manpada
Built-up / plot area17940 sq. mtrs
LenderRare Asset Reconstruction Limited
BranchAhmedabad
Unit / flat no.Gat No. 59/A/2/E, 59/A/2/F, 59A/3A
Auction typeSARFAESI Auction
Bid increment₹50,00,000
Service providerdrt.auctiontiger.net

About this property

Land bank auction in Chitalsar Manpada, Thane by Rare Asset Reconstruction Limited — reserve price ₹2,02,00,00,000, 17940 sq. mtrs, Symbolic possession.

Participate in the upcoming bank auction property sale featuring a massive land parcel of 17,940 sq. mtrs located in the prime area of Chitalsar Manpada, Thane. This land asset, comprising Gat No. 59/A/2/E, 59/A/2/F, and 59A/3A, is being auctioned by Rare Asset Reconstruction Limited. Ideal for large-scale development projects, this land in Thane offers significant investment potential. The reserve price is set at ₹202 Crores with an EMD of ₹20.20 Crores. The e-auction is scheduled for September 15, 2026, via the online portal. Interested investors should review the tender document and submit their EMD by September 14, 2026. Don't miss this opportunity to acquire a substantial land holding in a high-growth region.

GeoSquare note: This is a significant land parcel in a well-developed locality of Thane, offering massive scale for developers. While the possession is currently symbolic and the reserve price is high, the strategic location makes it a prime investment choice for large-scale commercial or residential projects.

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