550 sq feet Flat for Auction in Temghar Bhiwandi, Thane – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

550 sq feet (≈ 550 sq ft)

Reserve price / sq ft

₹5,858

Locality

Temghar Bhiwandi

City

Thane

State

Maharashtra

Pincode

421302

Address

TEMGHAR BHIWANDI, Maharashtra, 421302 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MUMBAI SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

PRASHANT D***** L*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 12:00 PM

EMD submission deadline

15 Oct 2026, 10:30 AM

Inspection

08 Oct 2026, 03:00 PM – 08 Oct 2026, 05:00 PM

Authorised officer

RAO

Officer contact

7842782478

E-auction portal

BAANKNET (Property ID CNRB1546710058)

Price Check

This listing's reserve price works out to ₹5,858 per sq ft. The average across residential bank auctions in Thane on our site is ₹8,189 per sq ft, so this one is 28% below 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 8 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB1546710058)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 10:30 AM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price.
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.