Representative illustration — Flat bank auction in Panvel (East)
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Panvel East Navi Mumbai 45.5 Lakh by Union Bank of India 12 Jun 2026

Panvel (East), Navi Mumbai

Area: 46.13 Sq. Mtr.

Flat No. 04, First Floor, Building Number E-7-1:4, Shree Ashtavinayak Apartment Owners Association (Society Reg No. P-395/1985) Cidco Colony, Sector number 18, Near Bank of India, New Panvel (East) Navi Mumbai Taluka Panvel District Raigad 410206

Union Bank of India · BRANCH ; MUMBAI

Reserve price

₹45,45,000

EMD ₹4,55,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 46.13 Sq. Mtr.
  • Locality: Panvel (East)
  • Reserve: ₹45,45,000
  • EMD: ₹4,55,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityPanvel (East)
Built-up / plot area46.13 Sq. Mtr.
LenderUnion Bank of India
BranchBRANCH ; MUMBAI
Unit / flat no.04
Building / societyShree Ashtavinayak Apartment Owners Association
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹46,000
Service providerBAANKNET

About this property

Flat bank auction in Panvel (East), Navi Mumbai by Union Bank of India — reserve price ₹45,45,000, 46.13 Sq. Mtr., Symbolic possession.

Bank auction property! This 1BHK flat located in Panvel (East), Navi Mumbai is up for e-auction. The flat is situated on the First Floor of Shree Ashtavinayak Apartment, measuring 46.13 Sq. Mtr. The reserve price is ₹4545000.00, with an EMD of ₹455000.00. This property presents a great opportunity for buyers looking for affordable housing in a prime location. E-auction scheduled for 12.06.2026. Don't miss out on this excellent investment prospect!

GeoSquare note: Located in Panvel (East), Navi Mumbai, this 1BHK flat offers a fair investment option given its price range and location. The property is under symbolic possession, which could introduce potential delays or challenges for the buyer. Considering these factors, it's a fair option for those familiar with the local real estate market and comfortable with the terms of the auction.

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