Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609660
Bank Name:Bank of India
Branch Name:Navi Mumbai Zone
Reserve Price:₹28,07,000
EMD:₹2,80,700
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Panvel, Raigad, Maharashtra. The property is being auctioned by the Bank of India. The area is known for its developing infrastructure and connectivity. Ideal for individuals or families looking for a home in a growing suburban locale.
State:Maharashtra
City:Raigad
Area:Panvel
Asset Category:Residential
Full Address:103, Sai GreensCHS, Flat no. 103, 1st floor, A-Wing, Building known as Sai GreensCHS, House no. 191 (A), Brahman Ali, Village-Palaspe, Taluka-Panvel, District-Raigad, 410221, Palaspe, Panvel
Building/Society:Sai GreensCHS
Size:384 Sq. Ft.
Auction Description
Bank of India presents a SARFAESI auction for a residential flat in Panvel, Raigad, Maharashtra. The bidding starts with a reserve price of INR 28,07,000. A sum of INR 2,80,700 is required as Earnest Money Deposit (EMD). The auction will be conducted online on December 9, 2025, from 11:00 AM to 5:00 PM. This is a significant opportunity to acquire a property through a bank auction.
Borrower Name:Dhananjay Chandrakant Gandhi
Auction Type:SARFAESI Auction
Guarantor Names:Reshma Dhananjay Gandhi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Panvel, offered at a reasonable reserve price. However, the smaller size and symbolic possession indicate a calculated opportunity, suitable for those comfortable with the auction terms and potentially handling possession-related challenges.
Contact Details
Branch:Branch Office : Navi Mumbai Zone
Service Provider:BAANKNET
Contact Details:
Contact no: —
