Flat for Auction Kamothe Sector 21 Raigad 42.2 Lakh by Indian Overseas Bank
Kamothe, Sector 21, Raigad
Area: 26.19 Sq Mtrs Carpet area
Flat no. 302, Sal Rachana, Plot No 58B, Sector 21, Kamothe, Tal-Panvel, Dist Raigad
Indian Overseas Bank · New Panvel Branch
Reserve price
₹42,25,000
EMD ₹4,22,500
Auction date
23 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 26.19 Sq Mtrs Carpet area
- ▸Locality: Kamothe, Sector 21
- ▸Reserve: ₹42,25,000
- ▸EMD: ₹4,22,500
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Kamothe, Sector 21 |
| Built-up / plot area | 26.19 Sq Mtrs Carpet area |
| Lender | Indian Overseas Bank |
| Branch | New Panvel Branch |
| Unit / flat no. | 302 |
| Building / society | Sal Rachana |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kamothe, Sector 21, Raigad by Indian Overseas Bank — reserve price ₹42,25,000, 26.19 Sq Mtrs Carpet area, Physical possession.
Discover a prime residential opportunity with this bank auction property: a comfortable 26.19 Sq Mtrs carpet area Flat No. 302 located in Sal Rachana, Plot No 58B, Sector 21, Kamothe, Panvel, Raigad, Maharashtra. Offered by Indian Overseas Bank, this flat is an excellent investment for potential homebuyers or investors. The e-auction is scheduled for 2026-07-23, running from 11:00 AM to 03:00 PM, with a competitive reserve price of ₹42,25,000 and an Earnest Money Deposit (EMD) of ₹4,22,500. Bidders can increase their offers by ₹50,000 increments. With physical possession, this property provides immediate potential. Don't miss this opportunity to acquire a valuable bank auction property in the rapidly developing Panvel region.
GeoSquare note: This residential flat in Kamothe, Panvel, Raigad, offers a strong investment opportunity with physical possession, which is a significant advantage for immediate acquisition. Panvel is a rapidly developing area with excellent connectivity, enhancing the property's potential for appreciation. The reserve price of ₹42.25 lakhs for a flat of this size in a growing locality seems competitive, making it an attractive option for both end-users and investors seeking bank auction properties.
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