Flat for Auction Kamothe Sector 11 Raigad 40.2 Lakh by Bank of India
Kamothe, Sector 11, Raigad
Area: 794 sq. ft.
Flat no. 401, 4th floor, B-Wing, Balaji Prasad CHSL, Plot no. 24, Sector 11, Kamothe, Taluka - Panvel. District- Raigad 410209
Bank of India · Asset Recovery Department
Reserve price
₹40,25,000
EMD ₹4,03,000
Auction date
11 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 794 sq. ft.
- ▸Locality: Kamothe, Sector 11
- ▸Reserve: ₹40,25,000
- ▸EMD: ₹4,03,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Kamothe, Sector 11 |
| Built-up / plot area | 794 sq. ft. |
| Lender | Bank of India |
| Branch | Asset Recovery Department |
| Unit / flat no. | Flat no. 401 |
| Building / society | Balaji Prasad CHSL |
| Floor | 4th floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kamothe, Sector 11, Raigad by Bank of India — reserve price ₹40,25,000, 794 sq. ft., Physical possession.
Invest in a desirable residential flat located at Flat no. 401, 4th floor, B-Wing, Balaji Prasad CHSL, Plot no. 24, Sector 11, Kamothe, Taluka - Panvel, District- Raigad 410209. This bank auction property offers a combined area of 794 sq. ft. (384 sq. ft. built-up & 410 sq. ft. terrace) with physical possession from Bank of India. The e-auction for this residential flat for sale is scheduled for August 11, 2026, with a reserve price of ₹40,25,000. Don't miss this opportunity to acquire a prime property in Panvel, Maharashtra. Inspection is available on August 6, 2026. This property in Panvel offers a good investment in a growing residential hub.
GeoSquare note: This residential flat in Kamothe, Panvel, presents a strong investment opportunity due to its physical possession status with the bank, which simplifies the acquisition process. Panvel is a rapidly developing area in Maharashtra, making it an attractive location for property appreciation. The clear auction details, including the reasonable reserve price and EMD, coupled with the property type, make it a compelling 'Strong Buy' for potential investors or homebuyers.
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