Flat for Auction Panvel Raigad 13.9 Lakh by Punjab National Bank
Panvel, Raigad
Flat no 201, Building no 4, Phase I, 'Zinnia' Enkay Garden, Taluka Panvel, Dist Raigad, 410218
Punjab National Bank · ARMB Thane
Reserve price
₹13,87,000
EMD ₹1,38,700
Auction date
20 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Panvel
- ▸Reserve: ₹13,87,000
- ▸EMD: ₹1,38,700
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Panvel |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Flat no 201 |
| 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 ₹13,87,000, Symbolic possession.
Invest in a residential property through this bank auction opportunity in Panvel, Raigad. We are offering a 1BHK Flat (Flat no 201) located in 'Zinnia', Enkay Garden, Phase I. This bank auction property is situated in the prime locality of Panvel, offering excellent connectivity and infrastructure. With a reserve price of ₹13,87,000, this is an affordable entry point for homebuyers and investors looking for property in the Raigad district. The auction is conducted by Punjab National Bank (ARMB Thane). Interested bidders must note the symbolic possession status and submit the EMD of ₹1,38,700 by July 19, 2026. Don't miss out on this high-potential real estate asset in a growing residential hub.
GeoSquare note: The property is located in an accessible part of Panvel, making it a decent budget-friendly residential option. However, the rating is tempered by the 'Symbolic' possession status, which implies potential challenges in taking immediate physical control, and the relatively basic documentation regarding specific area measurements. It serves as a fair option for investors comfortable with SARFAESI auction processes.
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