Flat for Auction Panvel Raigad 38 Lakh by Icici Bank

Quick read

• ▸Possession: Physical
• ▸Area: 39.67 sq. mtrs
• ▸Locality: Panvel
• ▸Reserve: ₹38,00,000
• ▸EMD: ₹3,80,000

About this property

Flat bank auction in Panvel, Raigad by ICICI Bank — reserve price ₹38,00,000, 39.67 sq. mtrs, Physical possession.

Explore this prime bank auction property located in Marathon Nexzone Cedar, Panvel, Navi Mumbai. This residential flat, situated on the 2nd floor, offers a RERA carpet area of 39.67 sq. mtrs (approx 427 sq. ft.) plus additional balcony space. Located at Palapse Phata, the property enjoys excellent connectivity via JNPT Road and NH 4B. This is a lucrative opportunity to invest in a well-planned township project in the rapidly developing Panvel region. The property is being sold by ICICI Bank under the SARFAESI Act. Interested bidders must complete their EMD submission by October 08, 2026, for the e-auction scheduled on October 09, 2026. Don't miss this chance to acquire a residential asset in Navi Mumbai through a transparent bank auction process.

GeoSquare note: This property is located in a well-reputed township, 'Marathon Nexzone', which adds significant long-term value. With physical possession taken by the bank and a competitive reserve price, this is a strong investment opportunity for end-users or investors looking for residential assets in the Panvel corridor.