Flat for Auction Panvel Raigad 12 Lakh by Punjab National Bank
Panvel, Raigad
Flat no 104, Building no 4, Phase I, 'Zinnia' Enkay Garden, Taluka Panvel, Dist Raigad, 410218
Punjab National Bank · ARMB Thane
Reserve price
₹12,01,000
EMD ₹1,20,100
Auction date
20 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Panvel
- ▸Reserve: ₹12,01,000
- ▸EMD: ₹1,20,100
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Panvel |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | 104 |
| Building / society | Zinnia, Enkay Garden, Building no 4, Phase I |
| 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 ₹12,01,000, Symbolic possession.
Explore this bank auction property opportunity in Panvel, Raigad. Up for sale is a residential flat located at Flat no 104, Building no 4, Phase I, 'Zinnia' Enkay Garden, Panvel. This property is being auctioned by Punjab National Bank (ARMB Thane) under the SARFAESI Act. With a reserve price of ₹12,01,000 and an EMD of ₹1,20,100, this represents a competitive entry point for residential real estate investment in the Raigad district. The auction is scheduled for July 20, 2026. Interested bidders should note the symbolic possession status and conduct independent due diligence regarding encumbrances. This listing is an ideal choice for budget-conscious buyers looking for affordable housing in an emerging locality.
GeoSquare note: This property offers an attractive entry price for a residential flat in the Panvel region, making it a viable budget-friendly investment. However, the 'Symbolic' possession status indicates potential challenges in obtaining physical control, and investors should account for the legal process required to secure the property. The overall appeal is balanced by the affordability, suitable for those familiar with the bank auction process.
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