Representative illustration — Bungalow bank auction in Prabhu Ali Road, Pen
Representative illustration — not the actual property photograph.
Bungalow Residential Symbolic possession Strong Buy

Bungalow for Auction Prabhu Ali Road Pen Raigad 1.5 Crore by Punjab National Bank

Prabhu Ali Road, Pen, Raigad

Area: 3252.00 sq. ft.

Bungalow No. 302, Swami Sakshi Matru Chaya, Ward no.2, Prabhu Ali Road, CTS No. 974/6, Village-Pen, Dist -Raigad -402107

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹1,48,61,000

EMD ₹14,86,100

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 3252.00 sq. ft.
  • Locality: Prabhu Ali Road, Pen
  • Reserve: ₹1,48,61,000
  • EMD: ₹14,86,100

Auction snapshot

PossessionSymbolic
Property typeBungalow · Residential
LocalityPrabhu Ali Road, Pen
Built-up / plot area3252.00 sq. ft.
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.Bungalow No. 302
Building / societySwami Sakshi Matru Chaya
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Bungalow bank auction in Prabhu Ali Road, Pen, Raigad by Punjab National Bank — reserve price ₹1,48,61,000, 3252.00 sq. ft., Symbolic possession.

Explore this exclusive bank auction property in Pen, Raigad, featuring a spacious Residential Bungalow located at Swami Sakshi Matru Chaya. Admeasuring 3252.00 Sq. Ft., this prime residential asset is being auctioned by Punjab National Bank. Ideal for homebuyers and investors looking for property in Maharashtra, this bungalow offers great potential in a well-connected locality. The auction is scheduled for 24th September 2026, with a reserve price of ₹1,48,61,000. Don't miss this opportunity to acquire a bungalow through a transparent bank auction process. Ensure you submit your EMD before the deadline. For further details on this bank auction property, contact the authorized officer at Punjab National Bank, ARMB Mumbai City.

GeoSquare note: This property is a spacious residential bungalow in a well-established area of Pen, Raigad, making it an attractive option for end-users. While the symbolic possession status requires careful legal due diligence, the price point for a 3252 sq. ft. bungalow is competitive. It represents a strong investment opportunity for those familiar with the local real estate market.

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