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54.55 sq m Flat for Auction in Navghar, Thane – PNB

Navghar, Thane, Maharashtra · Auction ID #7259

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Reserve Price ₹57,00,000
EMD (Earnest Money)₹5,70,000
Bid Increment₹1,00,000
Auction Date 22 Oct 2026, 02:00 PM In 22 days
EMD Last Date 19 Oct 2026, 04:30 PM In 19 days
Area54.55 sq m

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
54.55 sq m (≈ 587 sq ft)
Reserve price / sq ft
₹9,708
Locality
Navghar
City
Thane

Description (as per sale notice)

Flat No 902 admeasuring 54.55 sq mtrs on the 9th Floor in the wing A in the building known as “Laxmi Classic” Beverly Park, Near L.R. Tiwari Collage, Kanakia Road, Mira Road East 401 107 constructed on old survey/hissa no. 288/11, new S. No. 55/11, Old S. No. 297/20, New S. No. 57/20, Village Navghar, Tal& Dist. Thane, within the limits of Mira Bhayandar Municipal Council.

Bank & Auction Details

Branch
Punjab National Bank, ARMB Thane - BO
Auction type
DRT Auction
Borrower
Praful B***** N**** & A**
Auction start
22 Oct 2026, 02:00 PM
Auction end
22 Oct 2026, 04:00 PM
EMD submission deadline
19 Oct 2026, 04:30 PM
Inspection
14 Oct 2026, 11:00 AM – 14 Oct 2026, 04:00 PM
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹9,708 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,360 per sq ft, so this one is 16% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 14 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹5,70,000 before 19 Oct 2026, 04:30 PM. It is refunded if you don't win.
  5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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