Flat for Auction Karanjade Panvel Raigad 28.1 Lakh by Bank of India

Quick read

• ▸Possession: Symbolic
• ▸Area: 293 sq. ft.
• ▸Locality: Karanjade, Panvel
• ▸Reserve: ₹28,11,000
• ▸EMD: ₹2,82,000

About this property

Flat bank auction in Karanjade, Panvel, Raigad by Bank of India — reserve price ₹28,11,000, 293 sq. ft., Symbolic possession.

Explore this bank auction property located in the rapidly developing area of Karanjade, Panvel. This residential flat, situated in Yadav Residency, offers a carpet area of 293 sq. ft. on the 1st floor. Ideal for first-time homebuyers or real estate investors looking for affordable housing in the Raigad district, this property is being sold through a transparent e-auction process by the Bank of India. With a reserve price of ₹28.11 Lakhs, this flat near Kalbhairav Mandir in the Pushpak Node area provides excellent connectivity and proximity to key infrastructure. Interested bidders should note the symbolic possession status and participate in the upcoming auction on 09-10-2026. Secure your asset in this prime locality by submitting the EMD before the specified deadline. Contact the bank branch for further site inspection and documentation.

GeoSquare note: The property is located in the well-connected Pushpak Node area, making it a decent entry-level residential investment. However, the 'Symbolic Possession' status introduces a degree of legal process risk for the buyer regarding physical takeover. Given the price point and location growth potential, it remains a fair option for investors who are prepared to handle the legal procedures for physical possession.