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

Flat for Auction Nere Raigad 18.2 Lakh by Icici Bank

Nere, Raigad

Area: 32.89 sq. mtrs

Flat No. 101, 1st Floor, Wing D, Mahalaxmi Nagar (Gulab) Co-op Housing Society Ltd, Building No 3, Sector No 9, Nere Government Hospital, Village Nere, Taluka Panvel, Raigad-410206

ICICI Bank · Branch Office : Andheri East Mumbai

Reserve price

₹18,25,000

EMD ₹1,82,500

Auction date

16 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 32.89 sq. mtrs
  • Locality: Nere
  • Reserve: ₹18,25,000
  • EMD: ₹1,82,500

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNere
Built-up / plot area32.89 sq. mtrs
LenderICICI Bank
BranchBranch Office : Andheri East Mumbai
Unit / flat no.Flat No. 101
Building / societyMahalaxmi Nagar (Gulab) Co-op Housing Society Ltd
Floor1st Floor
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Flat bank auction in Nere, Raigad by ICICI Bank — reserve price ₹18,25,000, 32.89 sq. mtrs, Physical possession.

Explore this residential bank auction property located in the prominent area of Nere, Panvel, Raigad. This 1st-floor flat, situated in the Mahalaxmi Nagar (Gulab) Co-op Housing Society Ltd, offers a carpet area of 32.89 sq. mtrs. Perfect for homebuyers and investors looking for affordable real estate in Maharashtra, this property is being auctioned by ICICI Bank. The auction is scheduled for September 16, 2026. With a reserve price of ₹18,25,000, this unit presents a significant opportunity for those seeking a property in a developing locality near key government hospitals and infrastructure. Ensure you complete the EMD submission by September 15, 2026, to participate. Don't miss out on this bank auction property in Panvel, offering great value for money in a well-connected residential society.

GeoSquare note: This property is an excellent entry-level investment given its strategic location in the expanding Panvel-Raigad corridor. With physical possession confirmed by the bank and an attractive reserve price under 20 lakhs, it offers a secure and high-potential return on investment for small families or budget-conscious buyers.

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