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

Flat for Auction Kamothe Raigad 48 Lakh by Union Bank of India

Kamothe, Raigad

Area: 516 sq. ft.

Flat No. 202, 2nd Floor, SHIVALAY, Plot No. 81, Sector No. 35, Kamothe, Tal. Panvel, Dist. Raigad, Maharashtra-410 209

Union Bank of India · Asset Recovery Branch

Reserve price

₹48,00,000

EMD ₹4,80,000

Auction date

27 Aug 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 516 sq. ft.
  • Locality: Kamothe
  • Reserve: ₹48,00,000
  • EMD: ₹4,80,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityKamothe
Built-up / plot area516 sq. ft.
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Flat No. 202
Building / societySHIVALAY
Floor2nd Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Kamothe, Raigad by Union Bank of India — reserve price ₹48,00,000, 516 sq. ft., Symbolic possession.

Explore this residential bank auction property located in the prime area of Kamothe, Panvel, Raigad. This flat, situated in the Shivalay building, offers a carpet area of 516 sq. ft. and is an excellent opportunity for home buyers and investors looking for affordable real estate in Maharashtra. Being auctioned by the Union Bank of India, this property is available at a competitive reserve price of ₹48,00,000. With a strategic location in Sector 35, Kamothe, this flat provides easy access to local amenities and transportation hubs. Interested bidders should participate in the upcoming e-auction scheduled for August 27, 2026. Don't miss this chance to invest in a valued property asset through a transparent bank-led auction process.

GeoSquare note: The property is located in a well-developed node of Panvel (Kamothe), making it a high-demand residential area. While it is currently under symbolic possession, the competitive pricing for a 516 sq. ft. unit offers strong investment potential for end-users and long-term rental income.

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