Representative illustration — Flat bank auction in Khanda Colony, New Panvel (West)
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

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

30 May 2026, 03:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 533.59 sq.ft
  • Locality: Khanda Colony, New Panvel (West)
  • Reserve: ₹55,89,000
  • EMD: ₹5,58,900

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityKhanda Colony, New Panvel (West)
Built-up / plot area533.59 sq.ft
LenderTamilnad Mercantile Bank Limited
BranchAndheri West Mumbai
Unit / flat no.303
Building / societyShri Shiv Sagar Co-operative Housing Society Limited
Floor3rd Floor
Auction typeSARFAESI Auction
Service providerPublic 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, Symbolic possession.

Bank auction property! A residential flat located in Khanda Colony, New Panvel, Raigad. This 3rd-floor flat, part of Shri Shiv Sagar Co-operative Housing Society, offers 533.59 sq.ft of carpet area. The e-auction is scheduled for May 30, 2026, with a reserve price of ₹5589000. Don't miss this opportunity to own a property in a developing locality through Tamilnad Mercantile Bank. Ideal for families or investors seeking a property in Panvel. EMD is ₹558900. Explore this bank auction property for sale and invest in your future!

GeoSquare note: The property is a residential flat in Panvel with a reasonable reserve price. However, the possession is symbolic, which may require additional legal procedures. Considering its location and price range, it's a fair option for buyers familiar with the area and auction process.

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