Representative illustration — Flat bank auction in Adai Village Road
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Adai Village Road Raigad 29.8 Lakh by Axis Bank

Adai Village Road, Raigad

Area: 440.1 Sq. Ft

Flat No 201 E Wing 2nd Floor 2, Prayag Yash Phase li, Adai Opp Indraprast, Residency Adai Village Road, Panvel, Panvel, 410206

Axis Bank · Navi Mumbai

Reserve price

₹29,79,600

EMD ₹2,97,960

Auction date

06 Aug 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 440.1 Sq. Ft
  • Locality: Adai Village Road
  • Reserve: ₹29,79,600
  • EMD: ₹2,97,960

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityAdai Village Road
Built-up / plot area440.1 Sq. Ft
LenderAxis Bank
BranchNavi Mumbai
Unit / flat no.Flat No 201
Building / societyPrayag Yash Phase li
Floor2nd Floor
Auction typeSARFAESI Auction
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Adai Village Road, Raigad by Axis Bank — reserve price ₹29,79,600, 440.1 Sq. Ft, Physical possession.

An excellent opportunity to acquire a residential flat through Axis Bank auction. This property, Flat No 201 in E Wing, is situated on the 2nd Floor of Prayag Yash Phase II, Adai Village Road, Panvel, Raigad, Maharashtra (PIN 410206). The property boasts a total area of approximately 440.1 Sq. Ft, comprising a main area of 338.80 Sq. Ft, a balcony of 26.64 Sq. Ft, an enclosed balcony of 25.15 Sq. Ft, and a terrace of 49.51 Sq. Ft. This bank auction property offers a reserve price of ₹2,979,600.00 and requires an EMD of ₹297,960.00. The e-auction is scheduled for July 21, 2026, with physical possession expected. An inspection is available on July 1, 2026, by prior appointment. Ideal for investors or homebuyers seeking a flat in Panvel.

GeoSquare note: This residential flat presents a strong investment opportunity in Panvel, a growing locality in Raigad. The property benefits from its desirable location in Prayag Yash Phase II and the clarity of physical possession status. The reserve price and EMD are aligned with a bank auction, making it a potentially value-for-money acquisition for serious buyers.

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