Property for Auction in Panvel, Raigad, Maharashtra
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611635
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹21,60,000
EMD:₹2,16,000
Auction Time:11.00 am and 3.00 pm
Service Provider:BAANKNET
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
A residential flat located in Panvel, Raigad, Maharashtra. This property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. Ideal for individuals seeking a home in a well-connected urban area. Details on the specific size, amenities, and exact location within Panvel will be provided to interested bidders.
State:Maharashtra
City:Raigad
Area:Panvel
Asset Category:Residential
Full Address:D-203, QN Greens building no. 02, Phase 01, Flat no. D-203, 2nd floor, D Wing QN Greens building no. 02, Phase 01 village Koyanavale, Taloja Phase, Koyanavale, Taloja Phase, Panvel, Raigad
Building/Society:QN Greens building no. 02, Phase 01
Size:23.04 sq.mtrs
Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra. The auction has a reserve price of INR 21,60,000 and requires an EMD of INR 2,16,000. The auction will take place on November 21, 2025, commencing at 11:00 AM and concluding at 03:00 PM. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:Mr. Vijay Rambhavan Pal
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Manju Devi Vijay Pal
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a residential flat in Panvel, a developing area. The reserve price seems reasonable, and the physical possession status is a positive factor. However, further due diligence regarding the location and potential growth is recommended before considering this as an investment.
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mrs. Megha T. Jaulkar
Contact no:8424038477