Flat for Auction Panvel Raigad 11.5 Lakh by Punjab National Bank 361935
Panvel, Raigad
Flat no 203, Building no 4, Phase I, 'Zinnia' Enkay Garden, Taluka Panvel, Dist Raigad, 410218
Punjab National Bank · ARMB Thane
Reserve price
₹11,48,000
EMD ₹1,14,800
Auction date
20 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Panvel
- ▸Reserve: ₹11,48,000
- ▸EMD: ₹1,14,800
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Panvel |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Flat no 203 |
| Building / society | Zinnia, Enkay Garden |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Panvel, Raigad by Punjab National Bank — reserve price ₹11,48,000, Symbolic possession.
Participate in the upcoming bank auction property sale featuring a residential flat located in 'Zinnia', Enkay Garden, Phase I, Panvel, District Raigad. This property offers a great opportunity for home buyers and investors looking for affordable real estate in a developing locality. The flat is situated in a well-planned residential complex. The auction is conducted by Punjab National Bank (ARMB Thane) under the SARFAESI Act. Interested bidders must note the reserve price of ₹11,48,000 and the EMD requirement. This is an 'as is where is' basis sale. Don't miss this chance to acquire a residential flat in Panvel, Raigad, at a competitive price point. Ensure all documentation and EMD submissions are completed by the deadline of 19th July 2026.
GeoSquare note: The property offers an attractive entry price for the Panvel region, making it suitable for budget-conscious investors. However, the 'Symbolic' possession status and the nature of the auction require thorough due diligence regarding existing occupants. It is a fair option for those familiar with legal processes in bank-acquired assets.
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