Flat for auction 103 1St Floor D-Wing Balaji Arcade, Panvel, Raigad by Motilal Oswal Ho...

This offering is a residential flat located in Panvel, Raigad, Maharashtra. Panvel is a rapidly developing node in the Mumbai Metropolitan Region, offering good connectivity to Mumbai, Navi Mumbai, and the upcoming Navi Mumbai International Airport. The area boasts developing infrastructure, including educational institutions, healthcare facilities, and commercial hubs. As a residential flat, it is suitable for self-occupation or as an investment. The property's specific location within Panvel and its amenities should be verified through site inspection and further due diligence by interested bidders.

Motilal Oswal Home Finance Ltd presents a SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra. The auction is scheduled for August 23, 2025, with bidding open from 11:00 AM to 2:00 PM. The reserve price is set at ₹7,50,000, with an Earnest Money Deposit (EMD) of ₹75,000 required. This is a valuable opportunity to acquire a property in the developing area of Panvel, known for its connectivity and infrastructure growth. The property is being auctioned due to loan default by the borrower, ABHIJEET PATIL.