Flat for Auction Khanda Colony New Panvel West Raigad 55.9 Lakh by Tamilnad Mercantile Bank Limited
Khanda Colony, New Panvel (West), Raigad
Area: 533.59 sq. ft.
Flat No. 303, 'C' Wing, Shri Shiv Sagar Co-operative Housing Society Limited, Plot No. A-8, Sector 7, Khanda Colony, New Panvel (West), Taluka Panvel, District Raigad-410206
Tamilnad Mercantile Bank Limited · Andheri West Mumbai
Reserve price
₹55,89,000
EMD ₹5,58,900
Auction date
28 Jul 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Constructive
- ▸Area: 533.59 sq. ft.
- ▸Locality: Khanda Colony, New Panvel (West)
- ▸Reserve: ₹55,89,000
- ▸EMD: ₹5,58,900
Auction snapshot
| Possession | Constructive |
| Property type | Flat · Residential |
| Locality | Khanda Colony, New Panvel (West) |
| Built-up / plot area | 533.59 sq. ft. |
| Lender | Tamilnad Mercantile Bank Limited |
| Branch | Andheri West Mumbai |
| Unit / flat no. | Flat No. 303 |
| Building / society | Shri Shiv Sagar Co-operative Housing Society Limited |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Khanda Colony, New Panvel (West), Raigad by Tamilnad Mercantile Bank Limited — reserve price ₹55,89,000, 533.59 sq. ft., Constructive possession.
Explore this bank auction property in Khanda Colony, New Panvel (West). This residential flat, located in Shri Shiv Sagar Co-operative Housing Society, offers a total carpet area of 533.59 sq. ft. including an open terrace. Situated on the 3rd floor, this unit is an excellent opportunity for homebuyers looking for affordable residential real estate in the Raigad district. The property is being auctioned by Tamilnad Mercantile Bank Limited. Interested buyers should note the reserve price of ₹55,89,000 and the EMD of ₹5,58,900. Don't miss out on this prime bank auction property, perfect for end-users and investors seeking a property in a well-connected locality of New Panvel.
GeoSquare note: This property is a strong buy due to its location in a well-established residential pocket of New Panvel and a reasonable price point for its size. While the possession status is currently 'constructive,' the clear title documentation and active bank management provide a secure investment environment for prospective buyers.
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