Flat for auction Kamothe Panvel 99 lakh Bank of India

Property for Auction in Panvel, Raigad, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
875 Sq. Ft.
Reserve Price
99,29,000
Reserve Price
99,29,000
EMD Required
9,92,900
Property Specifications
Society/BuildingUma Shiv Corner Co-op Housing Society Ltd.
Size875 Sq. Ft.
Unit No.502
Floor5th
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Panvel, Raigad
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614366

Bank Name:Bank of India

Branch Name:Navi Mumbai Zone

Reserve Price:99,29,000

EMD:9,92,900

Bid Increment:25,000

Auction Time:11 am to 5 pm

Service Provider:BAANKNET

Important Dates

Submission Date:24-11-2025 05:00 PM

Bid Start Date:2025-12-24

Property Description

This is a residential flat located in Panvel, Raigad, Maharashtra. The property is being auctioned by the Bank of India under SARFAESI rules. It presents an opportunity for prospective buyers to acquire a flat in a key area of Maharashtra. Further details regarding the specific location, size, and amenities of the flat should be obtained from the official auction notice.

State:Maharashtra

City:Raigad

Area:Panvel

Asset Category:Residential

Full Address:502, Uma Shiv Corner Co-op Housing Society Ltd., Flat no. 502, 5th floor, Uma Shiv Corner Co-op Housing Society Ltd., Plot no. 22 and 22A, Sector-19, Village-Kamothe, Taluka - Panvel, District - Raigad - 410209, Kamothe, Panvel

Building/Society:Uma Shiv Corner Co-op Housing Society Ltd.

Size:875 Sq. Ft.

Auction Description

The Bank of India is conducting a SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra. The auction has a reserve price of INR 99,29,000 and requires an Earnest Money Deposit (EMD) of INR 9,92,900. The auction will take place on November 25, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. This is a public auction, and interested parties are advised to review all terms and conditions provided by the Bank of India before participating.

Borrower Name:Kalbe Haider Babarali Khan

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in a developing area near Mumbai. The reserve price is reasonable, but the symbolic possession might require further due diligence. It is a calculated opportunity for those familiar with the Panvel real estate market.

Contact Details

Branch:Branch Office : Navi Mumbai Zone

Service Provider:BAANKNET

Contact Details:

Contact no:8328932491

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