Flat for auction Chavane, Panvel Raigad 21 lakh Bank of India

Property for Auction in Panvel, Raigad, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
295.31 Sq.ft.
Reserve Price
21,15,000
Reserve Price
21,15,000
EMD Required
2,11,500
Property Specifications
Society/BuildingAksha Rivergate
Size295.31 Sq.ft.
Unit No.506
Floor5th
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Panvel, Raigad
Auction Date IconAuction Date:
11-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609654

Bank Name:Bank of India

Branch Name:Navi Mumbai Zone

Reserve Price:21,15,000

EMD:2,11,500

Auction Time:11 AM to 5 PM

Service Provider:BAANKNET

Important Dates

Submission Date:10-11-2025 05:00 PM

Bid Start Date:2025-11-11

Property Description

A residential flat located in Panvel, Raigad, Maharashtra. This property is part of a SARFAESI auction conducted by the Bank of India. The flat offers a great opportunity for homeownership or investment in a developing area.

State:Maharashtra

City:Raigad

Area:Panvel

Asset Category:Residential

Full Address:506, Aksha Rivergate, Flat no. 506, 5th floor, F1-Wing, Aksha Rivergate, Survey no.100/1/2, Village-Chavane, Tal- Panvel, Raigad-410207, Chavane, Panvel, Raigad

Building/Society:Aksha Rivergate

Size:295.31 Sq.ft.

Auction Description

Bank of India is holding a SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra. The auction will take place on November 11, 2025, from 11:00 AM to 05:00 PM. The reserve price is ₹21,15,000, with an Earnest Money Deposit (EMD) of ₹2,11,500. Don't miss this chance to acquire a property through a transparent auction process.

Borrower Name:Ashish Kumar

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

This property presents a calculated opportunity due to its location in Panvel and its relatively small size. The reserve price seems reasonable, but potential buyers should carefully evaluate the symbolic possession status and overall market conditions before bidding.

Contact Details

Branch:Branch Office : Navi Mumbai Zone

Service Provider:BAANKNET

Contact Details:

Contact no:8239055259

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