Representative illustration — Flat bank auction in Mamdapur, Karjat
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Mamdapur Karjat Raigad 20 Lakh by State Bank of India

Mamdapur, Karjat, Raigad

Area: 337 sq. ft.

Flat no 501, 5th floor, SP Shravandhara Apartment, village Mamdapur, Taluka Karjat, District Raigad - 410101

State Bank of India · Stressed Asset Recovery Branch

Reserve price

₹20,00,000

EMD ₹2,00,000

Auction date

23 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 337 sq. ft.
  • Locality: Mamdapur, Karjat
  • Reserve: ₹20,00,000
  • EMD: ₹2,00,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityMamdapur, Karjat
Built-up / plot area337 sq. ft.
LenderState Bank of India
BranchStressed Asset Recovery Branch
Unit / flat no.501
Building / societySP Shravandhara Apartment
Floor5th floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Mamdapur, Karjat, Raigad by State Bank of India — reserve price ₹20,00,000, 337 sq. ft., Physical possession.

Participate in the upcoming State Bank of India bank auction property sale featuring a residential 1 BHK flat located in SP Shravandhara Apartment, Mamdapur, Karjat, Raigad. This property offers a carpet area of 337 sq. ft. and is situated on the 5th floor. With a reserve price of ₹20,00,000 and the EMD set at ₹2,00,000, this auction represents a significant investment opportunity in the growing region of Karjat. The property is available with Physical possession, ensuring a transparent acquisition process. Interested buyers can inspect the property on 16.10.2026, with the final e-auction scheduled for 23.10.2026. Do not miss this chance to acquire a budget-friendly residential asset through a secure bank-managed auction process in Maharashtra.

GeoSquare note: This property is an excellent entry-level investment due to its affordable reserve price and the security of having Physical possession. Its location in the developing area of Karjat offers good long-term potential for residential demand. The transparent nature of the SBI bank auction makes it a highly reliable choice for first-time buyers.

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