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
Auction notice
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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
| Possession | Symbolic |
| 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. | 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, 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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