Property for Auction in Panvel, Raigad, Maharashtra
Auction ID:554734
Bank Name:Karnataka Bank
Branch Name:Head Office, Mangaluru
Reserve Price:₹27,75,000
EMD:₹2,77,500
Service Provider:Auctionbazaar
Submission Date:09-09-2025 04:00 PM
Bid Start Date:10-09-2025 11:15 AM
This is a residential flat located in Panvel, Raigad, Maharashtra. The property is being auctioned by Karnataka Bank under the SARFAESI Act. Panvel is a rapidly developing node in the Mumbai Metropolitan Region, known for its excellent connectivity, proximity to the upcoming Navi Mumbai International Airport, and numerous educational and healthcare facilities. The area offers a blend of urban convenience and a peaceful living environment, making it an attractive location for homebuyers.
State:Maharashtra
City:Raigad
Area:Panvel
Asset Category:Residential
Karnataka Bank presents a SARFAESI auction for a residential flat located in Panvel, Raigad, Maharashtra. The auction will be held on September 10, 2025, with bidding open from 11:15 AM to 11:30 AM. The reserve price for this property is ₹27,75,000, with an Earnest Money Deposit (EMD) of ₹2,77,500 required to participate. This is an excellent opportunity to acquire a property in a well-connected area.
Borrower Name:Mr. Santosh Ramanna Hegde
Auction Type:SARFAESI Auction
Contact No.: 8370969696 (Shiva)/7207941010 (Satish/Nilesh)