Flat for Auction Panvel Raigad 29.4 Lakh by Edelweiss Asset Reconstruction Company Limited

Quick read

• ▸Possession: Symbolic
• ▸Area: 386.56 sq. ft.
• ▸Locality: Panvel
• ▸Reserve: ₹29,38,000
• ▸EMD: ₹2,93,800

About this property

Flat bank auction in Panvel, Raigad by Edelweiss Asset Reconstruction Company Limited — reserve price ₹29,38,000, 386.56 sq. ft., Symbolic possession.

Explore this bank auction property opportunity featuring a residential flat for sale in Kinara Co-op. Housing Society Ltd., Panvel, Raigad. The property measures 386.56 sq. ft. and is situated on the ground floor. This bank auction represents a significant investment opportunity in the growing locality of Panvel, Raigad, Maharashtra. Interested buyers can acquire this flat through the E-Auction process conducted by Edelweiss Asset Reconstruction Company Limited. With a competitive reserve price of ₹29,38,000, this asset is an ideal choice for first-time homebuyers or real estate investors looking for affordable housing in the Raigad district. Ensure you review all legal documentation regarding the 'pari-passu' status with Union Bank of India before participating in the auction.

GeoSquare note: This property is located in an established residential pocket of Panvel with an accessible reserve price, making it a strong candidate for budget-conscious buyers. While the possession status is 'Symbolic', which requires standard legal due diligence, the unit size and location offer good long-term value. It serves as a solid investment for those looking for residential options in the Raigad market.