Flat for Auction Panvel Raigad 11.5 Lakh by Punjab National Bank
Panvel, Raigad
Flat no 102, 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. | 102 |
| 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.
Discover an excellent investment opportunity with this bank auction property located in Zinnia Enkay Garden, Panvel, Raigad. This residential flat is being auctioned by Punjab National Bank (ARMB Thane branch). Situated in the rapidly developing region of Panvel, this property is ideal for homebuyers and investors looking for an affordable residential unit. The reserve price is set at ₹11,48,000 with an EMD of ₹1,14,800. The auction is scheduled for July 20, 2026. This flat offers a strategic location in a well-connected area of Maharashtra. Please note that the possession status is symbolic. Interested bidders should complete their due diligence and submit their applications by July 19, 2026. Do not miss this chance to acquire property at a competitive price through a transparent bank e-auction process.
GeoSquare note: This property is a budget-friendly residential option in the growing Panvel locality, suitable for those looking for entry-level investments. However, the 'Symbolic' possession status introduces a level of legal complexity that requires the buyer to manage further eviction processes. Given the competitive reserve price, it remains a fair option for investors prepared for post-auction procedural requirements.
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