Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613809
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹48,00,000
EMD:₹4,80,000
Auction Time:11.00 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:02-12-2025 05:00 PM
Bid Start Date:2025-12-03
Property Description
A residential flat located in Panvel, Raigad, Maharashtra. This property is being auctioned by Edelweiss Asset Reconstruction Company Limited under SARFAESI Act. Suitable for individuals or families seeking a home in a developing urban area.
State:Maharashtra
City:Raigad
Area:Panvel
Asset Category:Residential
Full Address:305, Pratapgad Chs Ltd, Flat No 305, Pratapgad Chs Ltd Plot No.34, Sector-34, Kamothe, Navi Mumbai-410209, Taluka - Panvel, District - Raigad, Kamothe, Navi Mumbai
Building/Society:Pratapgad Chs Ltd
Auction Description
An online SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra, presented by Edelweiss Asset Reconstruction Company Limited. The auction will take place on December 3, 2025, from 11:00 AM to 01:00 PM. The reserve price is INR 48,00,000, with an EMD of INR 4,80,000. This is an opportunity to acquire a property through a bank auction process.
Borrower Name:SHAMBHU SINGH TANWAR
Auction Type:SARFAESI Auction
Guarantor Names:MRS. LALITA SHAMBHU TANWAR
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing locality of Navi Mumbai. The reserve price seems reasonable, making it a calculated opportunity for buyers looking for affordable housing. However, previous auction failures suggest a need for due diligence.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
