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

Flat for Auction Chavane Raigad 16 Lakh by Icici Bank

Chavane, Raigad

Area: 27.033 sq. mtrs

Flat No. 402, 4th Floor, Wing- F-4, Akshar Rivergate, Plot- F, S.No. 100/1, Village- Chavane, Taluka-Panvel, Raigad- 410207

ICICI Bank · Branch Office : Andheri East Mumbai

Reserve price

₹16,00,000

EMD ₹1,60,000

Auction date

16 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 27.033 sq. mtrs
  • Locality: Chavane
  • Reserve: ₹16,00,000
  • EMD: ₹1,60,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityChavane
Built-up / plot area27.033 sq. mtrs
LenderICICI Bank
BranchBranch Office : Andheri East Mumbai
Unit / flat no.Flat No. 402
Building / societyAkshar Rivergate
Floor4th Floor
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Flat bank auction in Chavane, Raigad by ICICI Bank — reserve price ₹16,00,000, 27.033 sq. mtrs, Physical possession.

Participate in this bank auction property opportunity for a residential flat in Akshar Rivergate, Panvel. Located in the emerging locality of Chavane, Taluka-Panvel, this 4th-floor flat features a carpet area of 27.033 sq. mtrs. This is an excellent opportunity for investors looking for affordable real estate in the Raigad district of Maharashtra. The property is being auctioned by ICICI Bank with a reserve price of ₹16,00,000. Interested bidders must note the EMD submission deadline is September 15, 2026, with the e-auction scheduled for September 16, 2026. This flat for sale in Panvel is ideal for first-time homebuyers or long-term investors seeking value-for-money assets in a developing residential complex. Ensure timely inspection on September 5, 2026, to evaluate this prime bank auction property.

GeoSquare note: This property is located in the rapidly developing Panvel region, offering good potential for future appreciation. With a competitive reserve price and clear physical possession status mentioned by the bank, it represents a strong investment option for residential purposes.

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