Flat for Auction Karade Khurd Panvel Raigad 16 Lakh by Asset Reconstruction Company India Ltd Arcil
Karade Khurd, Panvel, Raigad
Area: 275 sq. ft.
Flat No. 211, Wing C1, Building No. 4, Commanders' Heera Siddhi Homes, Survey No. 16/1, Mouje Karade Khurd, Taluka Panvel, District Raigad, Maharashtra - 410206
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹16,00,000
EMD ₹1,60,000
Auction date
29 Oct 2026, 03:30 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 275 sq. ft.
- ▸Locality: Karade Khurd, Panvel
- ▸Reserve: ₹16,00,000
- ▸EMD: ₹1,60,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Karade Khurd, Panvel |
| Built-up / plot area | 275 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | 211 |
| Building / society | Commanders' Heera Siddhi Homes |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Karade Khurd, Panvel, Raigad by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹16,00,000, 275 sq. ft., Physical possession.
Explore this residential bank auction property featuring a 1RK flat in Commanders' Heera Siddhi Homes, Panvel, Raigad. Spanning 275 sq. ft., this unit on the 2nd floor offers a strategic investment opportunity in a developing residential zone. The property is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) with a reserve price of ₹16,00,000. This is an excellent opportunity for first-time homebuyers or investors looking for affordable housing in the Raigad district. Ensure you conduct thorough due diligence regarding the title and local municipal dues before bidding. Participate in the e-auction scheduled for 29.10.2026 to secure this residential asset.
GeoSquare note: This property is a strong buy due to the bank having secured physical possession, which significantly reduces legal risks for the bidder. Located in the developing corridor of Panvel, the 1RK flat is well-suited for entry-level investment or affordable housing. The reserve price is competitive for the region, making it an attractive option for budget-conscious buyers.
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