Badlapur Flat Auction: 418 Sq Ft Flat in Siddhi City at ₹7.34 Lakh – Reserve ₹7.34 Lakh (16 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-29
Property Description
The Badlapur flat auction announced by Federal Bank is one of the notable flat and apartment opportunities on the bank’s current sale-notice list. An affordable 418 sq ft carpet flat on the 7th floor of Siddhi City Phase V in Badlapur East is available at a reserve of only ₹7.34 lakh, with physical possession already with the bank. The online e-auction is scheduled for 16 October 2026 (11:30 AM to 1:30 PM), with a reserve price of ₹7,34,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Badlapur Flat Auction: Key Highlights
- Reserve price: ₹7,34,000
- EMD: ₹73,400
- Auction date: 16 October 2026, 11:30 AM to 1:30 PM
- Last date for EMD / bid: 15 October 2026, 1:30 PM
- Location: Badlapur East, Thane, Maharashtra
Badlapur Flat Auction – Complete Details
| Asset | 1 BHK Flat No. 701, Siddhi City Phase V, Badlapur East |
| Description | Flat No. 701 on the 7th floor of Building No. 23, 418 sq ft carpet area |
| Built-up area | 418 sq ft carpet |
| Survey / Plot No. | S. No. 84 (Hissa 2/2A, 2/2B, 3) and 85 (Hissa 3, 4A) |
| Village | Kharvai |
| Taluk | Ambernath |
| District | Thane |
| Reserve price | ₹7,34,000 |
| EMD (10%) | ₹73,400 |
| Bid increment | ₹10,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Ulhasnagar |
| Mode of sale | Online e-auction |
| E-auction portal | federalbank.auctiontiger.net |
| Type of possession | Physical possession |
| Outstanding dues | ₹15,02,231 |
| Encumbrances | None known to the bank; buyer responsible for society and statutory dues |
| Notice date | 24 September 2026 |
About the Location – Badlapur East, Thane
Badlapur is one of the fastest-growing affordable housing hubs on the Central Railway line in Thane district, around 60 km from CSMT. Kharvai Naka in Badlapur East is close to the Badlapur station and the Katrap road market. Upcoming infrastructure such as the Kalyan–Badlapur Metro (Line 14), the Mumbai–Vadodara expressway link and the new Navi Mumbai airport is expected to lift demand for budget flats here.
Is the Badlapur Flat Auction Worth It?
At about ₹1,756 per sq ft of carpet area, the reserve is far below current resale rates in Badlapur East. The bank’s outstanding dues (₹15.02 Lakh) are about 2.0 times the reserve price, so the bank is clearly motivated to close this sale. Since the reserve price is fixed by a registered valuer and often sits below market rates, early research gives you a real edge in this auction.
Important Dates for the Badlapur Flat Auction
- Sale notice date: 24 September 2026
- Inspection: 05-10-2026, 3:30 PM to 4:30 PM with prior appointment
- Last date for EMD and bid submission: 15 October 2026 (1:30 PM)
- E-auction: 16 October 2026, 11:30 AM to 1:30 PM
How to Bid in This Federal Bank Auction
- Register on federalbank.auctiontiger.net and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹73,400 by RTGS/NEFT and upload the bid form before 15 October 2026.
- Log in on 16 October 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% of bid on acceptance; 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for S. No. 84 (Hissa 2/2A, 2/2B, 3) and 85 (Hissa 3, 4A).
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our tips for buying bank auction flats before you bid.
Contact the Authorised Officer
| Authorised Officer | Assistant Vice President & Branch Head |
| Office | Federal Bank LCRD Mumbai Division, 134, 13th Floor, Jolly Maker Chamber II, Nariman Point, Mumbai 400021 |
| Phone | +91-8828226729 |
| mumlcrd@federal.bank.in |
Badlapur Flat Auction: FAQs
What is the reserve price in the Badlapur flat auction?
The reserve price is ₹7,34,000. Bids below this amount are not accepted.
When is the Badlapur flat auction scheduled?
The auction is on 16 October 2026 from 11:30 AM to 1:30 PM. EMD and bids must reach the bank by 15 October 2026.
How much EMD is required?
The earnest money deposit is ₹73,400, usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More flat and apartment auctions
- Bank auctions in Thane
- Guide: home loan for auction property
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Flats & Apartments |
|---|---|
| Built-up Area | 418 sq ft carpet |
| Location | Badlapur East, Thane, Thane, Maharashtra |
| Possession | Physical |
| Encumbrances | None known to the bank; buyer responsible for society and statutory dues |
Location Map
Auction Timeline
- 24 Sep 2026Auction Notice Published
- 5 Oct 2026Inspection Ends
- 15 Oct 2026Last Date for EMD Submission
- 16 Oct 2026, 11:30 AM to 1:30 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.